TIME WARNER TELECOM (TWTC-Nasdaq): Technical Viewpoint: From a low of $9.39 on Nov 20, 2003 prices rallied, reaching a high of $10.70 on Dec 3, 2004. A decline saw prices pull back, reaching a low of $8.90 on Dec 16, 2003. Another rally saw prices penetrate resistance, closing 1/16/04 at $12.26. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 29, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $10.75. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jan 5, 2004. A P&F upside reversal takes place at $11.00. Summary: Technical indicators have turned bullish. BUY! TIME WARNER TELECOM (TWTC-Nasdaq) @ $12.63 Stop: Use a protective stop of $11.13. TIME WARNER TELECOM is currently trading @ $12.26 plus $1.12 on Jan 16, 2004. Price Objective: $18.75. Risk/Reward: $1.50 VS. $6.12. Today's Risk Reward Ratio: 4:1