INTEGRATED SILICON SOL
(ISSI-NYSE):
Technical Viewpoint: From a low
of $9.57 on Oct 1, 2003 prices
rallied, reaching a
high of $14.33
on Oct 15, 2003. A
decline saw prices pull back, reaching a
low of
$12.15 on Oct 24, 2003.
Another rally saw prices penetrate
resistance, closing 11/4/03
at $16.91. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Nov 4, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $13.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 29, 2003. A P&F upside
reversal takes place at $15.00. Summary: Technical indicators have turned bullish. BUY! INTEGRATED SILICON SOL
(ISSI-NYSE) @ $17.13 Stop: Use a protective stop of $15.63.
INTEGRATED SILICON SOL is currently trading @ $16.91 plus $1.67 on Nov 4, 2003. Price Objective:
$33.50. Risk/Reward: $1.50 VS. $16.37. Today's Risk Reward Ratio: 11.1
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