INTERPUBLIC GR / COS
(IPG-NYSE):
Technical Viewpoint: From a low
of $18.25 on Oct 2, 2001 prices
rallied, reaching a
high of $23.05
on Oct 11, 2001. A
decline saw prices pull back, reaching a
low of
$20.37 on Oct 19, 2001.
Another rally saw prices penetrate
resistance, closing 11/8/01
at $24.07. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 7, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $22.00. Resistance: Is at $27.58.
Point & Figure: Reversed to the upside on Oct 22, 2001. A P&F upside
reversal takes place at $22.50. Summary: Technical indicators have turned bullish. BUY! INTERPUBLIC GR / COS
(IPG-NYSE) @ $24.38 Stop: Use a protective stop of $22.38.
INTERPUBLIC GR / COS is currently trading @ $24.07 plus $1.44 on Nov 8, 2001. Price Objective:
$32.00. Risk/Reward: $2.00 VS. $7.63. 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:
$32.00
Risk/Reward:
$2.00 VS. $7.63
Risk/Reward Ratio:
4:1
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