CURTIS WRIGHT CORP
(CW-NYSE):
Technical Viewpoint: From a low
of $53.64 on Jan 3, 2006 prices
rallied, reaching a
high of $60.29
on Jan 25, 2006. A
decline saw prices pull back, reaching a
low of
$58.15 on Feb 2, 2006.
Another rally saw prices penetrate
resistance, closing 2/17/06
at $62.83. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 16, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $59.00. Resistance: Is at $63.88.
Point & Figure: Reversed to the upside on Jan 6, 2006. A P&F upside
reversal takes place at $59.00. Summary: Technical indicators have turned bullish. BUY! CURTIS WRIGHT CORP
(CW-NYSE) @ $63.13 Stop: Use a protective stop of $60.63.
CURTIS WRIGHT CORP is currently trading @ $62.83 plus $1.73 on Feb 17, 2006. Price Objective:
$72.00. Risk/Reward: $2.50 VS. $8.87. Today's Risk Reward Ratio: 3:1
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