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METLIFE INC
(MET-NYSE):
Technical Viewpoint: From a low
of $28.45 on May 9, 2001 prices
rallied, reaching a
high of $32.52
on Jun 6, 2001. A
decline saw prices pull back, reaching a
low of
$29.63 on Jun 15, 2001.
Another rally saw prices penetrate
resistance, closing 7/5/01
at $31.88. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 2, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $30.00. Resistance: Is at $32.50.
Point & Figure: Reversed to the upside on Jul 2, 2001. A P&F upside
reversal takes place at $30.50. Summary: Technical indicators have turned bullish. BUY! METLIFE INC
(MET-NYSE) @ $32.12 Stop: Use a protective stop of $30.12.
METLIFE INC is currently trading @ $31.88 plus $.28 on Jul 5, 2001. Price Objective:
$55.00. Risk/Reward: $2.00 VS. $22.88. Today's Risk Reward Ratio: 11:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$55.00
Risk/Reward:
$2.00 VS. $22.88
Risk/Reward Ratio:
11:1
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