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AMDOCS LTD.
(DOX-NYSE):
Technical Viewpoint: From a low
of $25.45 on Oct 31, 2001 prices
rallied, reaching a
high of $29.50
on Nov 8, 2001. A
decline saw prices pull back, reaching a
low of
$26.55 on Nov 16, 2001.
Another rally saw prices penetrate
resistance, closing 11/16/01
at $33.31. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Nov 13, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $28.00. Resistance: Is at $35.40.
Point & Figure: Reversed to the upside on Nov 16, 2001. A P&F upside
reversal takes place at $30.75. Summary: Technical indicators have turned bullish. BUY! AMDOCS LTD.
(DOX-NYSE) @ $33.50 Stop: Use a protective stop of $30.75.
AMDOCS LTD. is currently trading @ $33.31 plus $3.01 on Nov 16, 2001. Price Objective:
$48.00. Risk/Reward: $2.75 VS. $14.50. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$48.00
Risk/Reward:
$2.75 VS. $14.50
Risk/Reward Ratio:
5:1
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