BROADVISION INC
(BVSN-Nasdaq):
Technical Viewpoint: From a low
of $40 3/8 on May 25, 1999 prices
rallied, reaching a
high of $80.00
on Jul 12, 1999. A
decline saw prices pull back, reaching a
low of
$61 3/8 on Jul 27, 1999.
Another rally saw prices penetrate
resistance, closing 8/17/99
at $103.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 8, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $90.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 16, 1999. A P&F upside
reversal takes place at $98.00. Summary: Technical indicators have turned bullish. BUY! BROADVISION INC
(BVSN-Nasdaq) @ $104 1/8 Stop: Use a protective stop of $100 7/8.
BROADVISION INC is currently trading @ $103.94 plus $9.06 on Aug 17, 1999. Price Objective:
$124.00. Risk/Reward: $3 1/4 VS. $19 7/8. Today's Risk Reward Ratio: 6:1
|
Click here to view full size chart
|