CDW COMPUTER CTRS
(CDWC-Nasdaq):
Technical Viewpoint: From a low
of $33.38 on Jun 6, 2001 prices
rallied, reaching a
high of $40.20
on Jun 29, 2001. A
decline saw prices pull back, reaching a
low of
$33.56 on Jul 11, 2001.
Another rally saw prices penetrate
resistance, closing 7/20/01
at $45.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 20, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $40.50. Resistance: Is at $48.00.
Point & Figure: Reversed to the upside on Jul 20, 2001. A P&F upside
reversal takes place at $42.75. Summary: Technical indicators have turned bullish. BUY! CDW COMPUTER CTRS
(CDWC-Nasdaq) @ $45.75 Stop: Use a protective stop of $42.87.
CDW COMPUTER CTRS is currently trading @ $45.00 plus $4.89 on Jul 20, 2001. Price Objective:
$59.00. Risk/Reward: $2.88 VS. $13.25. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$59.00
Risk/Reward:
$2.88 VS. $13.25
Risk/Reward Ratio:
5:1
|