JOHN HANCOCK FIN SVCS
(JHF-NYSE):
Technical Viewpoint: From a low
of $33.55 on Oct 24, 2003 prices
rallied, reaching a
high of $35.79
on Nov 5, 2003. A
decline saw prices pull back, reaching a
low of
$34.34 on Nov 17, 2003.
Another rally saw prices penetrate
resistance, closing 11/21/03
at $35.65. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 18, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $34.75. Resistance: Is at $35.79.
Point & Figure: Reversed to the upside on Nov 17, 2003. A P&F upside
reversal takes place at $34.65. Summary: Technical indicators have turned bullish. BUY! JOHN HANCOCK FIN SVCS
(JHF-NYSE) @ $35.88 Stop: Use a protective stop of $33.88.
JOHN HANCOCK FIN SVCS is currently trading @ $35.65 plus $0.95 on Nov 21, 2003. Price Objective:
$46.50. Risk/Reward: $2.00 VS. $10.62. Today's Risk Reward Ratio: 5:1
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