APOLLO GROUP INC (APOL-Nasdaq): Technical Viewpoint: From a low of $30.60 on Jul 22, 2002 prices rallied, reaching a high of $43.27 on Aug 16, 2002. A decline saw prices pull back, reaching a low of $38.05 on Aug 28, 2002. Another rally saw prices penetrate resistance, closing 8/29/02 at $42.18. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 30, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $38.00. Resistance: Is at $43.27. Point & Figure: Reversed to the upside on Aug 29, 2002. A P&F upside reversal takes place at $40.50. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC (APOL-Nasdaq) @ $42.38 Stop: Use a protective stop of $40.38. APOLLO GROUP INC is currently trading @ $42.18 plus $3.76 on Aug 28, 2002. Price Objective: $55.00. Risk/Reward: $2.00 VS. $12.63. Today's Risk Reward Ratio: 6:1