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MORGAN STANLEY DW
(MWD-NYSE):
Technical Viewpoint: From a low
of $55.00 on Jul 11, 2001 prices
rallied, reaching a
high of $60.85
on Jul 13, 2001. A
decline saw prices pull back, reaching a
low of
$56.02 on Jul 26, 2001.
Another rally saw prices penetrate
resistance, closing 8/1/01
at $62.00. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jul 26, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $58.25. Resistance: Is at $65.00.
Point & Figure: Reversed to the upside on Jul 27, 2001. A P&F upside
reversal takes place at $59.00. Summary: Technical indicators have turned bullish. BUY! MORGAN STANLEY DW
(MWD-NYSE) @ $63.12 Stop: Use a protective stop of $60.50.
MORGAN STANLEY DW is currently trading @ $62.00 plus $2.58 on Aug 1, 2001. Price Objective:
$76.00. Risk/Reward: $2.62 VS. $12.88. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$76.00
Risk/Reward:
$2.62 VS. $12.88
Risk/Reward Ratio:
5:1
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