COMTECH COMMUNICATIONS (CMTL-Nasdaq): Technical Viewpoint: From a low of $42.74 on May 23, 2008 prices rallied, reaching a high of $50.44 on Jun 24, 2008. A decline saw prices pull back, reaching a low of $46.74 on Jul 3, 2008. Another rally saw prices penetrate resistance, closing 7/25/08 at $51.16. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 25, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $47.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 16, 2008. A P&F upside reversal takes place at $48.00. Summary: Technical indicators have turned bullish. BUY! COMTECH COMMUNICATIONS (CMTL-Nasdaq) @ $51.25 Stop: Use a protective stop of $48.75. COMTECH COMMUNICATIONS is currently trading @ $51.16 plus $1.88 on Jul 25, 2008. Price Objective: $69.50. Risk/Reward: $2.50 VS. $18.25. Today's Risk Reward Ratio: 7:1