NORTHROP GRUMMAN CORP
(NOC-NYSE):
Technical Viewpoint: From a low
of $81.29 on Sep 10, 2001 prices
rallied, reaching a
high of $99.10
on Sep 17, 2001. A
decline saw prices pull back, reaching a
low of
$93.30 on Sep 18, 2001.
Another rally saw prices penetrate
resistance, closing 9/20/01
at $101.91. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 22, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $93.75. Resistance: Is at $108.63.
Point & Figure: Reversed to the upside on Sep 20, 2001. A P&F upside
reversal takes place at $99.75. Summary: Technical indicators have turned bullish. BUY! NORTHROP GRUMMAN CORP
(NOC-NYSE) @ $102.25 Stop: Use a protective stop of $99.25.
NORTHROP GRUMMAN CORP is currently trading @ $101.91 plus $4.91 on Sep 20, 2001. Price Objective:
$119.00. Risk/Reward: $3.00 VS. $16.75. 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:
$119.00
Risk/Reward:
$3.00 VS. $16.75
Risk/Reward Ratio:
5:1
|