USA EDUCATION INC
(SLM-NYSE):
Technical Viewpoint: From a low
of $73.40 on Jul 10, 2001 prices
rallied, reaching a
high of $79.76
on Jul 18, 2001. A
decline saw prices pull back, reaching a
low of
$74.90 on Jul 20, 2001.
Another rally saw prices penetrate
resistance, closing 7/24/01
at $77.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 6, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $75.00. Resistance: Is at $79.50.
Point & Figure: Reversed to the upside on Jul 23, 2001. A P&F upside
reversal takes place at $75.00. Summary: Technical indicators have turned bullish. BUY! USA EDUCATION INC
(SLM-NYSE) @ $77.87 Stop: Use a protective stop of $74.87.
USA EDUCATION INC is currently trading @ $77.80 plus $.52 on Jul 24, 2001. Price Objective:
$88.00. Risk/Reward: $3.00 VS. $10.13. Today's Risk Reward Ratio: 3:1
|
Click here to view full size chart
|