CERTEGY INC
(CEY-NYSE):
Technical Viewpoint: From a low
of $33.61 on Jan 23, 2002 prices
rallied, reaching a
high of $35.60
on Feb 1, 2002. A
decline saw prices pull back, reaching a
low of
$34.32 on Feb 26, 2002.
Another rally saw prices penetrate
resistance, closing 2/28/02
at $37.15. Technicals: RSI Index (RSI): A Buy Alert!
was given on Feb 28, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $35.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 1, 2002. A P&F upside
reversal takes place at $35.50. Summary: Technical indicators have turned bullish. BUY! CERTEGY INC
(CEY-NYSE) @ $37.38 Stop: Use a protective stop of $34.88.
CERTEGY INC is currently trading @ $37.15 plus $2.04 on Feb 28, 2002. Price Objective:
$48.00. Risk/Reward: $2.50 VS. $10.63. Today's Risk Reward Ratio: 4:1
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