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* Today's Sector Analysis: "Banking  " Institutional Technical Viewpoint
Buy Alert!
Express Scripts Inc
(ESRX):
$57.63 Stop. $55.13 P-Stop $70.00 P-Objective
Dow Jones Ind: 12,777.09 plus 203.82 Jul 13, 2012 * Price Objective: 13,200
Volume Two No. 2437
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TICKER
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COMPANY NAME
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BUY!
SELL
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RSI INDEX
* OPTIONS
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ENTRY
PRICE
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STOPS
7/15/12
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PRICE
OBJ
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CLOSE
PRICE
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DO
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DIAMOND OFFSHORE DRILLING
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BUY!
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* RSI: 62.62
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$63.50
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$61.13
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$78.00
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$63.35
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EQR
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EQUITY RESIDENTIAL
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BUY!
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* RSI: 66.22
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$65.13
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$62.63
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$82.00
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$64.76
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G
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GENPACT LTD
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BUY!
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* RSI: 68.96
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$17.25
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$15.75
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$22.50
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$17.14
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GBL
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GAMCO INVESTORS INC
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BUY!
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RSI: 67.54
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$48.13
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$46.13
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$63.00
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$47.95
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HMST
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HOMESTREET
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BUY!
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RSI: 76.06
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$38.13
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$36.13
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$47.00
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$37.52
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PSX
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PHILLIPS 66
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BUY!
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RSI: 59.33
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$35.15
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$33.13
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$46.00
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$34.94
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TRNO
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TERRENO REALTY
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BUY!
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RSI: 73.22
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$16.25
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$14.75
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$22.00
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$15.99
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UNF
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UNIFIRST CORP
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BUY!
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* RSI: 75.97
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$69.13
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$66.63
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$93.00
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$68.68
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Banking
BBCN: $11.63 ESSA: $11.50 OZRK: $33.25
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Buy Alerts
ETRM: $4.30 HCKT: $5.80 NWY: $4.35
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TARGET CORP
(TGT-NYSE):
Technical Viewpoint: From a low
of $54.68 on May 17, 2012 prices
rallied, reaching a
high of $59.40
on Jun 11, 2012. A
decline saw prices pull back, reaching a
low of
$56.70 on Jul 5, 2012.
Another rally saw prices penetrate
resistance, closing 7/13/12
at $61.95. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 11, 2012 when the solid line crossed the dotted line to the upside.
Support: Remains at $55.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 29, 2012. A P&F upside
reversal takes place at $58.00. Summary: Technical indicators have turned bullish. BUY! TARGET CORP
(TGT-NYSE) @ $62.13 Stop: Use a protective stop of $59.63.
TARGET CORP is currently trading @ $61.95 plus $2.07 on Jul 13, 2012. Price Objective:
$. Risk/Reward: $2.50 VS. $17.37. Today's Risk Reward Ratio: 7:1
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Click here to view full size chart
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN™, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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