ASK JEEVES INC
(ASKJ-Nasdaq):
Technical Viewpoint: From a low
of $19.76 on Mar 3, 2004 prices
rallied, reaching a
high of $30.15
on Mar 5, 2004. A
decline saw prices pull back, reaching a
low of
$26.80 on Mar 11, 2004.
Another rally saw prices penetrate
resistance, closing 3/25/04
at $31.28. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 4, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $28.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 25, 2004. A P&F upside
reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! ASK JEEVES INC
(ASKJ-Nasdaq) @ $31.63 Stop: Use a protective stop of $20.63.
ASK JEEVES INC is currently trading @ $31.28 plus $2.27 on Mar 25, 2004. Price Objective:
$47.00. Risk/Reward: $2.00 VS. $15.37. Today's Risk Reward Ratio: 8:1
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