EURONET SERVICES INC
(EEFT-Nasdaq):
Technical Viewpoint: From a low
of $10.14 on Jul 30, 2001 prices
rallied, reaching a
high of $12.10
on Jul 31, 2001. A
decline saw prices pull back, reaching a
low of
$10.60 on Aug 9, 2001.
Another rally saw prices penetrate
resistance, closing 8/14/01
at $12.20. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Aug 14, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $11.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 13, 2001. A P&F upside
reversal takes place at $10.50. Summary: Technical indicators have turned bullish. BUY! EURONET SERVICES INC
(EEFT-Nasdaq) @ $12.38 Stop: Use a protective stop of $10.88.
EURONET SERVICES INC is currently trading @ $12.20 plus $0.80 on Aug 14, 2001. Price Objective:
$19.00. Risk/Reward: $1.50 VS. $6.62. 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:
$19.00
Risk/Reward:
$1.50 VS. $6.62
Risk/Reward Ratio:
4:1
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