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GEMSTAR-TV GUIDE INT'L
(GMST-Nasdaq):
Technical Viewpoint: From a low
of $24.10 on Nov 21, 2001 prices
rallied, reaching a
high of $28.89
on Nov 27, 2001. A
decline saw prices pull back, reaching a
low of
$24.92 on Nov 29, 2001.
Another rally saw prices penetrate
resistance, closing 12/3/01
at $28.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 3, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $25.50. Resistance: Is at $34.50.
Point & Figure: Reversed to the upside on Nov 30, 2001. A P&F upside
reversal takes place at $27.00. Summary: Technical indicators have turned bullish. BUY! GEMSTAR-TV GUIDE INT'L
(GMST-Nasdaq) @ $29.50 Stop: Use a protective stop of $27.50.
GEMSTAR-TV GUIDE INT'L is currently trading @ $28.80 plus $1.07 on Dec 3, 2001. Price Objective:
$41.00. Risk/Reward: $2.00 VS. $11.50. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$41.00
Risk/Reward:
$2.00 VS. $11.50
Risk/Reward Ratio:
6:1
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