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TMP WORLDWIDE INC
(TMPW-Nasdaq):
Technical Viewpoint: From a low
of $26.85 on Nov 1, 2001 prices
rallied, reaching a
high of $36.22
on Nov 7, 2001. A
decline saw prices pull back, reaching a
low of
$30.45 on Nov 12, 2001.
Another rally saw prices penetrate
resistance, closing 11/20/01
at $39.77. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 14, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $34.50. Resistance: Is at $41.35.
Point & Figure: Reversed to the upside on Nov 14, 2001. A P&F upside
reversal takes place at $37.00. Summary: Technical indicators have turned bullish. BUY! TMP WORLDWIDE INC
(TMPW-Nasdaq) @ $40.25 Stop: Use a protective stop of $37.50.
TMP WORLDWIDE INC is currently trading @ $39.77 plus $0.86 on Nov 20, 2001. Price Objective:
$54.00. Risk/Reward: $2.75 VS. $13.75. 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:
$54.00
Risk/Reward:
$2.75 VS. $13.75
Risk/Reward Ratio:
5:1
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