|
MARSH & MCLENNAN COS LTD
(MMC-NYSE):
Technical Viewpoint: From a low
of $80.30 on Apr 9, 2001 prices
rallied, reaching a
high of $97.90
on Apr 19, 2001. A
decline saw prices pull back, reaching a
low of
$89.90 on Apr 25, 2001.
Another rally saw prices penetrate
resistance, closing 4/26/01
at $96.25. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Apr 26, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $90.00. Resistance: Is at $97.50.
Point & Figure: Reversed to the upside on Apr 26, 2001. A P&F upside
reversal takes place at $94.50. Summary: Technical indicators have turned bullish. BUY! MARSH & MCLENNAN COS LTD
(MMC-NYSE) @ $96.87 Stop: Use a protective stop of $94.12.
MARSH & MCLENNAN COS LTD is currently trading @ $96.25 plus $4.54 on Apr 26, 2001. Price Objective:
$122.00. Risk/Reward: $2.75 VS. $25.13. Today's Risk Reward Ratio: 9:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$122.00
Risk/Reward:
$2.75 VS. $25.13
Risk/Reward Ratio:
9:1
|
