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INVISION TECHNOLOGIES
(INVN-Nasdaq):
Technical Viewpoint: From a low
of $27.26 on Dec 21, 2002 prices
rallied, reaching a
high of $31.31
on Dec 26, 2002. A
decline saw prices pull back, reaching a
low of
$24.70 on Jan 4, 2002.
Another rally saw prices penetrate
resistance, closing 1/24/02
at $38.29. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 18, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $30.00. Resistance: Is at $44.56.
Point & Figure: Reversed to the upside on Jan 23, 2002. A P&F upside
reversal takes place at $36.00. Summary: Technical indicators have turned bullish. BUY! Invision Technologies
(INVN-Nasdaq) @ $39.25 Stop: Use a protective stop of $36.50.
Invision Technologies is currently trading @ $38.29 plus $2.13 on Jan 24, 2002. Price Objective:
$55.00. Risk/Reward: $2.75 VS. $15.75. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$55.00
Risk/Reward:
$2.75 VS. $15.75
Risk/Reward Ratio:
6:1
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