NORTHROP GRUMMAN CORP (NOC-NYSE): Technical Viewpoint: From a low of $74.00 on Dec 26, 2000 prices rallied, reaching a high of $90.50 on Jan 21, 2001. A decline saw prices pull back, reaching a low of $85.00 on Feb 12, 2001. Another rally saw prices penetrate resistance, closing 2/20/01 at $91.70. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 10, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $87.00. Resistance: Is at $93.00. Point & Figure: Reversed to the upside on Feb 15, 2001. A P&F upside reversal takes place at $89.25. Summary: Technical indicators have turned bullish. BUY! NORTHROP GRUMMAN CORP (NOC-NYSE) @ $91.75 Stop: Use a protective stop of $88.87. NORTHROP GRUMMAN CORP is currently trading @ $91.70 plus $1.70 on Feb 20, 2001. Price Objective: $107.00. Risk/Reward: $2.87 VS. $15.25. Today's Risk Reward Ratio: 5:1