GEN PROB INC
(GPRO-Nasdaq):
Technical Viewpoint: From a high
of $25.38 on Apr 25, 2003 prices
declined, reaching a
low of $35.78
on May 1, 2003. A
rally saw prices pull back, reaching a
high of
$30.81 on May 8, 2003.
Another decline saw prices penetrate
support, closing 5/9/03
at $35.65. Technicals: MACD-Histogram (MACD-H): A Sell Alert!
was given on Apr 7, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $31.38. Resistance: Is at $35.78.
Point & Figure: Reversed to the downside on May 9, 2003. A P&F downside
reversal takes place at $34.00. Summary: Technical indicators have turned bearish. SELL! GEN PROB INC
(GPRO-Nasdaq) @ $35.75 Stop: Use a protective stop of $33.75.
GEN PROB INC is currently trading @ $35.65 minus $4.45 on May 9, 2003. Price Objective:
$45.00. Risk/Reward: $2.00 VS. $9.25. Today's Risk Reward Ratio: 5:1
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