AMERICA ONLINE INC
(AOL-NYSE):
Technical Viewpoint: From a low
of $48.19 on Feb 22, 2000 prices
rallied, reaching a
high of $62.00
on Feb 24, 2000. A
decline saw prices pull back, reaching a
low of
$54.00 on Mar 8, 2000.
Another rally saw prices penetrate
resistance, closing 3/17/00
at $64 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 15, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $58.00. Resistance: Is at $66 1/2.
Point & Figure: Reversed to the upside on Mar 9, 2000. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! AMERICA ONLINE INC
(AOL-NYSE) @ $65 1/8 Stop: Use a protective stop of $62 1/4.
AMERICA ONLINE INC is currently trading @ $64 3/4 plus $2 3/4 on Mar 17, 2000. Price Objective:
$88.00. Risk/Reward: $2 7/8 VS. $22 7/8. Today's Risk Reward Ratio: 8:1
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