IMCLONE SYSTEMS INC
(IMCL-Nasdaq):
Technical Viewpoint: From a low
of $41.35 on Aug 16, 2001 prices
rallied, reaching a
high of $54.22
on Aug 22, 2001. A
decline saw prices pull back, reaching a
low of
$48.50 on Sep 9, 2001.
Another rally saw prices penetrate
resistance, closing 9/19/01
at $56.60. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 23, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $53.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 19, 2001. A P&F upside
reversal takes place at $55.00. Summary: Technical indicators have turned bullish. BUY! IMCLONE SYSTEMS INC
(IMCL-Nasdaq) @ $56.87 Stop: Use a protective stop of $54.12.
IMCLONE SYSTEMS INC is currently trading @ $56.60 plus $6.59 on Sep 19, 2001. Price Objective:
$72.00. Risk/Reward: $2.75 VS. $15.13. 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:
$72.00
Risk/Reward:
$2.75 VS. $15.13
Risk/Reward Ratio:
5:1
|