AMERADA HESS CORP
(AHC-NYSE):
Technical Viewpoint: From a low
of $73.12 on Mar 22, 2001 prices
rallied, reaching a
high of $78.39
on Mar 30, 2001. A
decline saw prices pull back, reaching a
low of
$73.40 on Apr 3, 2001.
Another rally saw prices penetrate
resistance, closing 4/9/01
at $81.11. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 9, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $74.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 5, 2001. A P&F upside
reversal takes place at $78.00. Summary: Technical indicators have turned bullish. BUY! AMERADA HESS CORP
(AHC-NYSE) @ $81.38 Stop: Use a protective stop of $78.62.
AMERADA HESS CORP is currently trading @ $81.11 plus $2.17 on Apr 9, 2001. Price Objective:
$95.00. Risk/Reward: $2.75 VS. $13.62. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$95.00
Risk/Reward:
$2.75 VS. $13.62
Risk/Reward Ratio:
5:1
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