JP MORGAN CHASE (JPM-NYSE): Technical Viewpoint: From a low of $20.00 on Nov 8, 2002 prices rallied, reaching a high of $26.14 on Dec 2, 2002. A decline saw prices pull back, reaching a low of $22.80 on Dec 6, 2002. Another rally saw prices penetrate resistance, closing 12/16/02 at $24.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 29, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $23.75. Resistance: Is at $26.14. Point & Figure: Reversed to the upside on Dec 12, 2002. A P&F upside reversal takes place at $23.00. Summary: Technical indicators have turned bullish. BUY! JP MORGAN CHASE (JPM-NYSE) @ $24.88 Stop: Use a protective stop of $22.88. JP MORGAN CHASE is currently trading @ $24.80 plus $1.18 on Dec 16, 2002. Price Objective: $36.00. Risk/Reward: $2.00 VS. $11.12. Today's Risk Reward Ratio: 5:1