* Today's Sector Analysis: "Retail " Institutional Technical Viewpoint
Buy Alert! Lucent Technologies  (LU): $60 1/4 Stop.  $57 7/8 P-Stop  $78.00 P-Objective
Dow Jones Ind: 10,667.18 plus 85.80 points Jun 4, 1999 * Price Objective: 10,300    Volume Two No. 802
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
6/4/99
PRICE
OBJ
CLOSE
PRICE
APA APACHE CORP BUY! *   RSI: 70 $38.62 $35.87 $47.00 $38.06
AVP AVON PRODUCTS BUY! *   RSI: 56 $52.75 $50.50 $65.00 $52.56
HBAN HUNTINGTON BANCSHARES BUY! *   RSI: 61 $37.12 $34.62 $46.50 $36.87
HWP HEWLETT-PACKARD BUY! *   RSI: 59 $92.50 $89.50 $108.00 $91.50
NT NORTEL NETWORKS BUY! *   RSI: 60 $78.25 $75.37 $112.00 $78.00
ORCL ORACLE CORP BUY! *   RSI: 60 $27.62 $25.75 $39.00 $27.50
PCS SPRINT CORP PCS GP BUY! *   RSI: 60 $47.12 $44.87 $63.00 $46.75
WMI WASTE MANAGEMENT BUY! *   RSI: 56 $55.37 $55.25 $66.00 $55.12
Retail   GAP: $67 1/8  LTD: $49 7/8  WMT: $46 1/4 Buy Alerts  BBC: $25 3/4  HTCH: $27 1/2  SLVN: $28 3/8

CONEXANT SYSTEMS INC (CNXT-Nasdaq): Technical Viewpoint: From a low of $34.00 on May 5, 1999 prices rallied, reaching a high of $42 1/4 on May 13, 1999. A decline saw prices pull back, reaching a low of $34.00 on May 26, 1999. Another rally saw prices penetrate resistance, closing 6/3/99 at $43 7/8. Technicals: Momentum Index (MTM): A Buy Alert! was given on Jun 2, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $40.00. Resistance: Is at $45.00. Point & Figure: Reversed to the upside on May 27, 1999. A P&F upside reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! CONEXANT SYSTEMS INC (CNXT-Nasdaq) @ $44 5/8 Stop: Use a protective stop of $41 3/4. CONEXANT SYSTEMS INC is currently trading @ $43 7/8 plus $4.00 on Jun 3, 1999. Price Objective: $58.00. Risk/Reward: $2 7/8 VS. $13 3/8. 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  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com