XILINX INC
(XLNX-Nasdaq):
Technical Viewpoint: From a low
of $18.50 on Feb 7, 2003 prices
rallied, reaching a
high of $23.17
on Feb 21, 2003. A
decline saw prices pull back, reaching a
low of
$20.86 on Feb 26, 2003.
Another rally saw prices penetrate
resistance, closing 3/12/03
at $23.35. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 21, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $19.75. Resistance: Is at $23.59.
Point & Figure: Reversed to the upside on Feb 14, 2003. A P&F upside
reversal takes place at $21.00. Summary: Technical indicators have turned bullish. BUY! XILINX INC
(XLNX-Nasdaq) @ $23.50 Stop: Use a protective stop of $21.50.
XILINX INC is currently trading @ $23.35 plus $1.17 on Mar 12, 2003. Price Objective:
$38.00. Risk/Reward: $2.00 VS. $14.50. Today's Risk Reward Ratio: 7:1
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