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VANS INC
(VANS-Nasdaq):
Technical Viewpoint: From a low
of $18.85 on May 16, 2001 prices
rallied, reaching a
high of $24.89
on May 10, 2001. A
decline saw prices pull back, reaching a
low of
$21.71 on Jun 7, 2001.
Another rally saw prices penetrate
resistance, closing 6/8/01
at $23.90. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 22, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $22.00. Resistance: Is at $24.89.
Point & Figure: Reversed to the upside on Jun 8, 2001. A P&F upside
reversal takes place at $22.50. Summary: Technical indicators have turned bullish. BUY! VANS INC
(VANS-Nasdaq) @ $24.25 Stop: Use a protective stop of $22.25.
VANS INC is currently trading @ $23.90 plus $1.59 on Jun 8, 2001. Price Objective:
$33.00. Risk/Reward: $2.00 VS. $8.75. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$33.00
Risk/Reward:
$2.00 VS. $8.75
Risk/Reward Ratio:
4:1
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