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AOL TIME WARNER
(AOL-NYSE):
Technical Viewpoint: From a low
of $35.11 on Mar 22, 2001 prices
rallied, reaching a
high of $43.30
on Mar 27, 2001. A
decline saw prices pull back, reaching a
low of
$33.46 on Apr 3, 2001.
Another rally saw prices penetrate
resistance, closing 4/12/01
at $42.22. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 6, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $40.00. Resistance: Is at $43.30.
Point & Figure: Reversed to the upside on Apr 5, 2001. A P&F upside
reversal takes place at $39.00. Summary: Technical indicators have turned bullish. BUY! AOL TIME WARNER
(AOL-NYSE) @ $42.75 Stop: Use a protective stop of $39.87.
AOL TIME WARNER is currently trading @ $42.22 plus $102.00 on Apr 12, 2001. Price Objective:
$57.00. Risk/Reward: $2.87 VS. $14.25. 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:
$57.00
Risk/Reward:
$2.87 VS. $14.25
Risk/Reward Ratio:
5:1
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