|
|
|
|
 |
 |
|
* Today's Sector Analysis: "Metals & Mining " Institutional Technical Viewpoint
Buy Alert!
Advancepcs
(ADVP):
$64.62 Stop. $61.87 P-Stop $77.00 P-Objective
Dow Jones Ind: 10,298.56 plus 5.06 points * Trade w/caution & use stops Aug 9, 2001
Volume Two No. 1342
|
TICKER
|
COMPANY NAME
|
BUY!
SELL
|
RSI INDEX
* OPTIONS
|
ENTRY
PRICE
|
STOPS
8/10/01
|
PRICE
OBJ
|
CLOSE
PRICE
|
|
CCUR
|
CONCURRENT COMPUTER
|
BUY!
|
* RSI: 68
|
$11.38
|
$9.88
|
$20.00
|
$11.09
|
|
EFX
|
EQUIFAX INC
|
BUY!
|
* RSI: 79
|
$25.12
|
$23.12
|
$33.50
|
$24.98
|
|
EMS
|
C-MAC INDUSTRIES
|
BUY!
|
* RSI: 59
|
$26.75
|
$24.75
|
$38.00
|
$26.25
|
|
FLIR
|
FLIR SYSTEMS INC
|
BUY!
|
RSI: 79
|
$33.50
|
$30.75
|
$49.00
|
$33.13
|
|
GPT
|
GREEN POINT FINANCIAL
|
BUY!
|
* RSI: 73
|
$44.25
|
$41.75
|
$56.00
|
$43.70
|
|
HLIT
|
HARMONIC INC
|
BUY!
|
RSI: 65
|
$16.12
|
$14.62
|
$27.50
|
$15.95
|
|
NVAX
|
NOVAVAX INC
|
BUY!
|
RSI: 74
|
$12.62
|
$11.12
|
$21.00
|
$12.49
|
|
TJX
|
TJX COMPANIES INC
|
BUY!
|
* RSI: 63
|
$35.50
|
$32.87
|
$47.00
|
$35.35
|
Metals & Mining
ABX: $16.12 AU: $19.25 PDG: $11.12
|
Buy Alerts
CYTC: $26.12 GERN: $15.12 OIIM: $16.61
|
|
AMERICAN STANDARD
(ASD-NYSE):
Technical Viewpoint: From a low
of $59.95 on Jun 5, 2001 prices
rallied, reaching a
high of $63.50
on Jul 10, 2001. A
decline saw prices pull back, reaching a
low of
$56.86 on Jul 16, 2001.
Another rally saw prices penetrate
resistance, closing 8/9/01
at $70.25. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 23, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $68.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 9, 2001. A P&F upside
reversal takes place at $68.50. Summary: Technical indicators have turned bullish. BUY! AMERICAN STANDARD
(ASD-NYSE) @ $70.38 Stop: Use a protective stop of $67.62.
AMERICAN STANDARD is currently trading @ $70.25 plus $1.99 on Aug 9, 2001. Price Objective:
$81.75. Risk/Reward: $2.75 VS. $11.38. Today's Risk Reward Ratio: 4:1
|
Click here to view full size chart
|
|
|
|
 |
|
|
DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
|
|