NPS PHARMACEUTICALS
(NPSP-Nasdaq):
Technical Viewpoint: From a low
of $12.21 on Jul 10, 2002 prices
rallied, reaching a
high of $20.04
on Jul 16, 2002. A
decline saw prices pull back, reaching a
low of
$16.20 on Jul 23, 2002.
Another rally saw prices penetrate
resistance, closing 7/25/02
at $22.19. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 25, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $18.25. Resistance: Is at $24.21.
Point & Figure: Reversed to the upside on Jul 25, 2002. A P&F upside
reversal takes place at $19.00. Summary: Technical indicators have turned bullish. BUY! NPS PHARMACEUTICALS
(NPSP-Nasdaq) @ $22.88 Stop: Use a protective stop of $20.88.
NPS PHARMACEUTICALS is currently trading @ $22.19 plus $2.94 on Jul 25, 2002. Price Objective:
$34.00. Risk/Reward: $2.00 VS. $11.13. Today's Risk Reward Ratio: 5:1
|
Click here to view full size chart
|