FIDELITY NATIONAL FINL
(FNF-NYSE):
Technical Viewpoint: From a low
of $33.22 on May 18, 2004 prices
rallied, reaching a
high of $38.88
on May 26, 2004. A
decline saw prices pull back, reaching a
low of
$35.89 on Jun 16, 2004.
Another rally saw prices penetrate
resistance, closing 7/2/04
at $38.25. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 6, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $36.00. Resistance: Is at $38.50.
Point & Figure: Reversed to the upside on Jul 4, 2004. A P&F upside
reversal takes place at $36.50. Summary: Technical indicators have turned bullish. BUY! FIDELITY NATIONAL FINL
(FNF-NYSE) @ $38.38 Stop: Use a protective stop of $36.38.
FIDELITY NATIONAL FINL is currently trading @ $38.25 plus $0.81 on Jul 2, 2004. Price Objective:
$48.00. Risk/Reward: $2.00 VS. $9.62. Today's Risk Reward Ratio: 5:1
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