* Today's Sector Analysis: "Softwate " Institutional Technical Viewpoint
Buy Alert! Purchasepro.com  (PPRO): $22 5/8 Stop.  $20 5/8 P-Stop  $35.00 P-Objective
Dow Jones Ind: 10,587.59 minus 90.69 points * Trade w/caution & use stops Jan 19, 2001   Volume Two No. 1205
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
1/22/01
PRICE
OBJ
CLOSE
PRICE
AETH AETHER SYSTEMS INC BUY! *   RSI: 53 $50.62 $47.87 $72.00 $49.06
CHKP CHECK POINT SOFTWARE BUY! *   RSI: 58 $150.38 $147.50 $190.00 $149.81
CIEN CIENA CORPORATION BUY! *   RSI: 60 $106.12 $103.25 $120.00 $104.81
JNIC JNI CORPORATION BUY! *   RSI: 51 $30.25 $28.12 $47.00 $29.00
* MUSE MICROMUSE INC BUY! *   RSI: 62 $79.12 $76.25 $87.00 $77.38
* NUFO NEW FOCUS INC BUY! *   RSI: 68 $55.12 $52.38 $88.00 $54.62
OPLK OPLINK COMMUNICATIONS BUY! *   RSI: 65 $25.87 $23.87 $36.00 $24.56
* SNPS SYNOPSYS INC BUY! *   RSI: 64 $53.87 $51.12 $65.00 $53.19
Softwate   SMTF: $43 1/8  SRNA: $44 3/4  WEBN: $91 1/8 Buy Alerts  ENTU: $21 1/2  GTW: $24 1/4  PKS: $21 1/8

NORTEL NETWORKS HOLDING (NT-NYSE): Technical Viewpoint: From a low of $31 3/8 on Nov 17, 2000 prices rallied, reaching a high of $45 7/8 on Dec 11, 2000. A decline saw prices pull back, reaching a low of $28.94 on Jan 3, 2001. Another rally saw prices penetrate resistance, closing 1/19/01 at $40.00. Technicals: RSI Index (RSI): A Buy Alert! was given on Jan 17, 2001 when the solid line crossed the dotted line to the upside. Support: Remains at $31 1/2. Resistance: Is at $48.00. Point & Figure: Reversed to the upside on Jan 18, 2001. A P&F upside reversal takes place at $34 1/2. Summary: Technical indicators have turned bullish. BUY! NORTEL NETWORKS HOLDING (NT-NYSE) @ $40 3/8 Stop: Use a protective stop of $37 3/4. NORTEL NETWORKS HOLDING is currently trading @ $40.00 plus $3.31 on Jan 19, 2001. Price Objective: $50.00. Risk/Reward: $2 5/8 VS. $9 5/8. Today's Risk Reward Ratio: 4:1


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  NCR Corp (NCR-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com