HENRY SCHEIN INC
(HSIC-Nasdaq):
Technical Viewpoint: From a low
of $27.25 on Jan 8, 2001 prices
rallied, reaching a
high of $34.06
on Feb 20, 2001. A
decline saw prices pull back, reaching a
low of
$27.19 on Mar 1, 2001.
Another rally saw prices penetrate
resistance, closing 3/12/01
at $34.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 9, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $31.50. Resistance: Is at $36.50.
Point & Figure: Reversed to the upside on Mar 12, 2001. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! HENRY SCHEIN INC
(HSIC-Nasdaq) @ $34.75 Stop: Use a protective stop of $32.12.
HENRY SCHEIN INC is currently trading @ $34.00 plus $1.56 on Mar 12, 2001. Price Objective:
$45.50. Risk/Reward: $2.62 VS. $10.75. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$45.50
Risk/Reward:
$2.62 VS. $10.75
Risk/Reward Ratio:
4:1
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