MAVERICK TUBE CORP (MVK-NYSE): Technical Viewpoint: From a low of $19.80 on May 10, 2004 prices rallied, reaching a high of $27.26 on Jun 24, 2004. A decline saw prices pull back, reaching a low of $25.66 on Jul 9, 2004. Another rally saw prices penetrate resistance, closing 7/16/04 at $28.99. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 8, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $26.25. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 16, 2004. A P&F upside reversal takes place at $28.00. Summary: Technical indicators have turned bullish. BUY! MAVERICK TUBE CORP (MVK-NYSE) @ $29.38 Stop: Use a protective stop of $27.38. MAVERICK TUBE CORP is currently trading @ $28.99 plus $1.59 on Jul 16, 2004. Price Objective: $39.50. Risk/Reward: $2.00 VS. $10.12. Today's Risk Reward Ratio: 5:1