|
|
|
|
 |
 |
|
* Today's Sector Analysis: "Telecomm " Institutional Technical Viewpoint
Buy Alert!
Proxim Inc
(PROX):
$13.12 Stop. $11.62 P-Stop $19.50 P-Objective
Dow Jones Ind: 9,605.51 minus 0.34 points Sep 10, 2001 * Price Objective: 8,000
Volume Two No. 1363
|
TICKER
|
COMPANY NAME
|
BUY!
SELL
|
RSI INDEX
* OPTIONS
|
ENTRY
PRICE
|
STOPS
9/17/01
|
PRICE
OBJ
|
CLOSE
PRICE
|
|
* ADRX
|
ANDRX CORPORATION
|
BUY!
|
* RSI: 58
|
$72.25
|
$69.38
|
$89.00
|
$71.89
|
|
BAX
|
BAXTER INTERNAT'L
|
BUY!
|
* RSI: 60
|
$53.38
|
$50.62
|
$67.50
|
$53.32
|
|
ILUM
|
ILLUMINET HOLDINGS
|
BUY!
|
RSI: 75
|
$36.12
|
$33.50
|
$45.75
|
$35.90
|
|
KMB
|
KIMBERLY CLARK CP
|
BUY!
|
* RSI: 60
|
$64.50
|
$61.75
|
$78.00
|
$64.00
|
|
TIER
|
TIER TECHNOLOGIES
|
BUY!
|
RSI: 81
|
$16.12
|
$14.62
|
$23.00
|
$15.49
|
|
WMAR
|
WEST MARINE INC
|
BUY!
|
* RSI: 64
|
$14.25
|
$12.75
|
$23.50
|
$14.07
|
|
XL
|
XL CAPITAL LTD
|
BUY!
|
RSI: 61
|
$82.12
|
$79.25
|
$97.00
|
$82.00
|
|
XRAY
|
DENTSPLY INTERNAT'L
|
BUY!
|
* RSI: 73
|
$47.25
|
$44.75
|
$58.00
|
$47.15
|
Telecomm
AV: $12.25 BLS: $40.12 SBC: $43.62
|
Buy Alerts
CNTL: $22.50 NVAX: $22.50 RX: $27.62
|
|
COLGATE-PALMOLIVE
(CL-NYSE):
Technical Viewpoint: From a low
of $52.28 on Aug 6, 2001 prices
rallied, reaching a
high of $56.40
on Aug 22, 2001. A
decline saw prices pull back, reaching a
low of
$53.65 on Aug 31, 2001.
Another rally saw prices penetrate
resistance, closing 9/10/01
at $57.26. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 5, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $55.00. Resistance: Is at $61.00.
Point & Figure: Reversed to the upside on Sep 5, 2001. A P&F upside
reversal takes place at $55.50. Summary: Technical indicators have turned bullish. BUY! COLGATE-PALMOLIVE
(CL-NYSE) @ $57.50 Stop: Use a protective stop of $54.75.
COLGATE-PALMOLIVE is currently trading @ $57.26 plus $1.26 on Sep 10, 2001. Price Objective:
$70.00. Risk/Reward: $2.75 VS. $12.50. 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 <
|
|