MAXWELL TECHNOLOGIES
(MXWL-Nasdaq):
Technical Viewpoint: From a low
of $17.87 on May 4, 2006 prices
rallied, reaching a
high of $20.04
on May 10, 2006. A
decline saw prices pull back, reaching a
low of
$16.69 on May 16, 2006.
Another rally saw prices penetrate
resistance, closing 6/2/06
at $22.21. Technicals: MACD Index (MACD): A Buy Alert!
was given on May 25, 2006 when the solid line crossed the dotted line to the upside.
Support: Remains at $20.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 2, 2006. A P&F upside
reversal takes place at $32.50. Summary: Technical indicators have turned bullish. BUY! MAXWELL TECHNOLOGIES
(MXWL-Nasdaq) @ $23.38 Stop: Use a protective stop of $21.38.
MAXWELL TECHNOLOGIES is currently trading @ $22.21 plus $2.23 on Jun 2, 2006. Price Objective:
$59.50. Risk/Reward: $2.00 VS. $9.12. Today's Risk Reward Ratio: 4:1
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