SELL! ENRON CORP (ENE) NYSE

  Report No. 736    Analysis by: Harry Aloof     FEBRUARY 25, 1999

ENRON CORP (ENE-NYSE): Technical Viewpoint: From a high of $67 3/8 on Feb 1, 1999 prices declined, reaching a low of $67 3/8 on Feb 1, 1999. A rally saw prices pull back, reaching a high of $61.31 on Feb 18, 1999. Another decline saw prices penetrate support, closing 2/24/99 at $68 1/4. Technicals: MACD Index (MACD): A Sell Alert! was given on Feb 24, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $65.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the downside on Feb 22, 1999. A P&F downside reversal takes place at $66.00. Summary: Technical indicators have turned bearish. SELL! ENRON CORP (ENE-NYSE) @ $69 1/8 Stop: Use a protective stop of $66 1/4. ENRON CORP is currently trading @ $68 1/4 minus $2.94 on Feb 24, 1999. Price Objective: $80.00. Risk/Reward: $2 7/8 VS. $10 7/8. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$80.00 Risk/Reward:
$2 7/8 VS. $10 7/8 Risk/Reward Ratio:
4:1
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