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BARR LABORATORIES INC
(BRL-NYSE):
Technical Viewpoint: From a low
of $62.00 on Jul 11, 2001 prices
rallied, reaching a
high of $87.00
on Jul 20, 2001. A
decline saw prices pull back, reaching a
low of
$81.50 on Jul 24, 2001.
Another rally saw prices penetrate
resistance, closing 7/30/01
at $89.38. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 16, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $83.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 30, 2001. A P&F upside
reversal takes place at $86.00. Summary: Technical indicators have turned bullish. BUY! BARR LABORATORIES INC
(BRL-NYSE) @ $90.12 Stop: Use a protective stop of $87.12.
BARR LABORATORIES INC is currently trading @ $89.38 plus $3.00 on Jul 30, 2001. Price Objective:
$99.87. Risk/Reward: $3.00 VS. $9.75. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$99.87
Risk/Reward:
$3.00 VS. $9.75
Risk/Reward Ratio:
3:1
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