NCR CORP
(NCR-NYSE):
Technical Viewpoint: From a low
of $46.12 on Jun 3, 2021 prices
rallied, reaching a
high of $49.05
on Jun 8, 2021. A
decline saw prices pull back, reaching a
low of
$43.36 on Jun 18, 2021.
Another rally saw prices penetrate
resistance, closing 7/5/21
at $47.59. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 5, 2021 (study not shown) when the Histogram crossed the "0" line to the upside.
Support: Remains at $44.00. Resistance: Is at $49.00.
Point & Figure: Reversed to the upside on Jul 5, 2021. A P&F upside
reversal takes place at $44.00. Summary: Technical indicators have turned bullish. BUY! NCR Corp
(NCR-NYSE) @ $48.12 Stop: Use a protective stop of $45.25.
NCR Corp is currently trading @ $47.59 plus $1.31 on Jul 5, 2021. Price Objective:
$59.00. Risk/Reward: $2.88 VS. $13.75. Today's Risk Reward Ratio: 5:1
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