HANDSPRING INC
(HAND-Nasdaq):
Technical Viewpoint: From a low
of $31.00 on Sep 13, 2000 prices
rallied, reaching a
high of $81 1/4
on Sep 29, 2000. A
decline saw prices pull back, reaching a
low of
$48 1/2 on Oct 4, 2000.
Another rally saw prices penetrate
resistance, closing 10/9/00
at $66 1/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 14, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $57 1/2. Resistance: Is at $71.00.
Point & Figure: Reversed to the upside on Oct 9, 2000. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! HANDSPRING INC
(HAND-Nasdaq) @ $68 1/8 Stop: Use a protective stop of $65 3/8.
HANDSPRING INC is currently trading @ $66 1/4 plus $5 5/8 on Oct 9, 2000. Price Objective:
$95.00. Risk/Reward: $2 3/4 VS. $26 7/8. Today's Risk Reward Ratio: 10:1
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