SIEBERT FINANCIAL
(SIEB-Nasdaq):
Technical Viewpoint: From a low
of $18 1/2 on Feb 18, 1999 prices
rallied, reaching a
high of $27 7/8
on Feb 23, 1999. A
decline saw prices pull back, reaching a
low of
$21 7/8 on Mar 24, 1999.
Another rally saw prices penetrate
resistance, closing 4/13/99
at $52.19. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 29, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $38.00. Resistance: Is at $70 5/8.
Point & Figure: Reversed to the upside on Apr 13, 1999. A P&F upside
reversal takes place at $49.00. Summary: Technical indicators have turned bullish. BUY! SIEBERT FINANCIAL
(SIEB-Nasdaq) @ $52 3/8 Stop: Use a protective stop of $49 1/2.
SIEBERT FINANCIAL is currently trading @ $52.19 plus $16.31 on Apr 13, 1999. Price Objective:
$70.00. Risk/Reward: $2 7/8 VS. $17 5/8. Today's Risk Reward Ratio: 6:1
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