|
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 4/25/01
at $49.50. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 24, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $42.00. Resistance: Is at $50.25.
Point & Figure: Reversed to the upside on Apr 24, 2001. A P&F upside
reversal takes place at $47.25. Summary: Technical indicators have turned bullish. BUY! AOL TIME WARNER
(AOL-NYSE) @ $49.62 Stop: Use a protective stop of $46.87.
AOL TIME WARNER is currently trading @ $49.50 plus $2.25 on Apr 25, 2001. Price Objective:
$62.00. Risk/Reward: $2.75 VS. $12.38. Today's Risk Reward Ratio: 4:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$62.00
Risk/Reward:
$2.75 VS. $12.38
Risk/Reward Ratio:
4:1
|
