|
UNIVERSAL HEALTH SVCS
(UHS-NYSE):
Technical Viewpoint: From a low
of $38.81 on May 23, 2001 prices
rallied, reaching a
high of $47.30
on Jun 21, 2001. A
decline saw prices pull back, reaching a
low of
$43.50 on Jun 26, 2001.
Another rally saw prices penetrate
resistance, closing 7/16/01
at $52.60. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 8, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $47.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 16, 2001. A P&F upside
reversal takes place at $51.00. Summary: Technical indicators have turned bullish. BUY! UNIVERSAL HEALTH SVCS
(UHS-NYSE) @ $52.62 Stop: Use a protective stop of $49.75.
UNIVERSAL HEALTH SVCS is currently trading @ $52.60 plus $2.82 on Jul 16, 2001. Price Objective:
$64.00. Risk/Reward: $2.87 VS. $11.38. 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:
$64.00
Risk/Reward:
$2.87 VS. $11.38
Risk/Reward Ratio:
4:1
|
