* Today's Sector Analysis: "Metals " Institutional Technical Viewpoint
Buy Alert! Trw Inc  (TRW): $58.38 Stop.  $56.88 P-Stop  $74.00 P-Objective
Dow Jones Ind: 8,824.41 minus 94.60 points * Trade w/caution & use stops Aug 28, 2002   Volume Two No. 1589
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/28/02
PRICE
OBJ
CLOSE
PRICE
BAX BAXTER INTERNAT'L BUY! *   RSI: 52 $38.13 $36.13 $53.00 $37.67
DOW DOW CHEMICAL CO BUY! *   RSI: 54 $31.13 $29.13 $40.00 $30.37
EMR EMERSON ELECTRIC BUY! *   RSI: 53 $49.63 $47.63 $59.00 $49.26
HAL HALLIBURTON CO BUY! *   RSI: 60 $15.50 $14.13 $24.00 $15.30
MRO MARATHON OIL GROUP BUY! *   RSI: 55 $25.38 $23.38 $34.00 $25.05
NOC NORTHROP GRUMMAM BUY! *   RSI: 64 $124.88 $121.88 $142.00 $122.53
PX PRAXAIR INC BUY! *   RSI: 60 $58.63 $56.13 $72.00 $58.28
WFC WELLS FARGO &CO BUY! *   RSI: 61 $53.13 $50.63 $75.00 $52.70
Metals   ABX: $15.88  GFI: $11.50  HGMCY: $14.13 Buy Alerts  MON: $18.50  PRGX: $15.13  TYC: $17.38

NEWMONT MINING CORP (NEM-NYSE): Technical Viewpoint: From a low of $20.80 on Jul 24, 2002 prices rallied, reaching a high of $27.37 on Aug 14, 2002. A decline saw prices pull back, reaching a low of $24.76 on Aug 21, 2002. Another rally saw prices penetrate resistance, closing 8/27/02 at $27.35. Technicals: RSI Index (RSI): A Buy Alert! was given on Aug 27, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $25.50. Resistance: Is at $29.36. Point & Figure: Reversed to the upside on Aug 26, 2002. A P&F upside reversal takes place at $26.00. Summary: Technical indicators have turned bullish. BUY! NEWMONT MINING CORP (NEM-NYSE) @ $27.75 Stop: Use a protective stop of $25.75. NEWMONT MINING CORP is currently trading @ $27.35 plus $0.53 on Aug 27, 2002. Price Objective: $39.00. Risk/Reward: $2.00 VS. $11.25. Today's Risk Reward Ratio: 5:1


Click here to view full size chart

5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com