* Today's Sector Analysis: "Computer Hardware " Institutional Technical Viewpoint
Buy Alert! Fmc Corp  (FMC): $51.38 Stop.  $48.88 P-Stop  $62.50 P-Objective
Dow Jones Ind: 8280.59 plus 217.52 points Feb 6, 2009 * Price Objective: 9,350    Volume Two No. 2312

INT'L BUSINESS MACHINES (IBM-NYSE): Technical Viewpoint: From a low of $79.68 on Dec 29, 2008 prices rallied, reaching a high of $90.41 on Jan 6, 2009. A decline saw prices pull back, reaching a low of $81.76 on Jan 20, 2009. Another rally saw prices penetrate resistance, closing 2/6/09 at $96.14. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 26, 2009 when the solid line crossed the dotted line to the upside. Support: Remains at $91.00. Resistance: Is at $99.99. Point & Figure: Reversed to the upside on Feb 3, 2009. A P&F upside reversal takes place at $94.00. Summary: Technical indicators have turned bullish. BUY! INT'L BUSINESS MACHINES (IBM-NYSE) @ $97.13 Stop: Use a protective stop of $94.38. INT'L BUSINESS MACHINES is currently trading @ $96.14 plus $3.73 on Feb 6, 2009. Price Objective: $106.00. Risk/Reward: $2.75 VS. $8.87. Today's Risk Reward Ratio: 3:1


Click here to view full size chart

5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com