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REEBOK INTERNAT'L
(RBK-NYSE):
Technical Viewpoint: From a low
of $28.40 on Jun 20, 2001 prices
rallied, reaching a
high of $33.00
on Jun 28, 2001. A
decline saw prices pull back, reaching a
low of
$29.80 on Jul 6, 2001.
Another rally saw prices penetrate
resistance, closing 7/18/01
at $34.60. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 13, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $31.50. Resistance: Is at $41.25.
Point & Figure: Reversed to the upside on Jul 16, 2001. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! REEBOK INTERNAT'L
(RBK-NYSE) @ $34.75 Stop: Use a protective stop of $32.16.
REEBOK INTERNAT'L is currently trading @ $34.60 plus $1.47 on Jul 18, 2001. Price Objective:
$45.00. Risk/Reward: $2 5/8 VS. $10.25. 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:
$45.00
Risk/Reward:
$2 5/8 VS. $10.25
Risk/Reward Ratio:
4:1
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