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INTUIT INC
(INTU-Nasdaq):
Technical Viewpoint: From a low
of $31.06 on Jan 6, 2001 prices
rallied, reaching a
high of $44.19
on Feb 8, 2001. A
decline saw prices pull back, reaching a
low of
$32.56 on Feb 20, 2001.
Another rally saw prices penetrate
resistance, closing 3/7/01
at $46.44. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 26, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $40.50. Resistance: Is at $48.88.
Point & Figure: Reversed to the upside on Mar 6, 2001. A P&F upside
reversal takes place at $42.00. Summary: Technical indicators have turned bullish. BUY! INTUIT INC
(INTU-Nasdaq) @ $47.12 Stop: Use a protective stop of $44.50.
INTUIT INC is currently trading @ $46.44 plus $3.63 on Mar 7, 2001. Price Objective:
$74.00. Risk/Reward: $2.62 VS. $26.88. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$74.00
Risk/Reward:
$2.62 VS. $26.88
Risk/Reward Ratio:
10:1
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