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OPTIMAL ROBOTICS CORP
(OPMR-Nasdaq):
Technical Viewpoint: From a low
of $38.24 on Jul 25, 2001 prices
rallied, reaching a
high of $47.50
on Jul 30, 2001. A
decline saw prices pull back, reaching a
low of
$42.43 on Aug 3, 2001.
Another rally saw prices penetrate
resistance, closing 8/10/01
at $48.30. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Aug 11, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $44.75. Resistance: Is at $49.00.
Point & Figure: Reversed to the upside on Aug 9, 2001. A P&F upside
reversal takes place at $46.50. Summary: Technical indicators have turned bullish. BUY! OPTIMAL ROBOTICS CORP
(OPMR-Nasdaq) @ $49.12 Stop: Use a protective stop of $46.50.
OPTIMAL ROBOTICS CORP is currently trading @ $48.30 plus $3.50 on Aug 10, 2001. Price Objective:
$59.00. Risk/Reward: $2.62 VS. $9.88. 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:
$59.00
Risk/Reward:
$2.62 VS. $9.88
Risk/Reward Ratio:
4:1
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