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NVIDIA CORP
(NVDA-Nasdaq):
Technical Viewpoint: From a low
of $61.67 on Dec 20, 2001 prices
rallied, reaching a
high of $72.66
on Jan 4, 2002. A
decline saw prices pull back, reaching a
low of
$59.76 on Jan 14, 2002.
Another rally saw prices penetrate
resistance, closing 1/28/02
at $67.99. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Jan 16, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $64.00. Resistance: Is at $70.75.
Point & Figure: Reversed to the upside on Jan 24, 2002. A P&F upside
reversal takes place at $64.00. Summary: Technical indicators have turned bullish. BUY! NVIDIA CORP
(NVDA-Nasdaq) @ $68.13 Stop: Use a protective stop of $65.63.
NVIDIA CORP is currently trading @ $67.99 plus $2.52 on Jan 28, 2002. Price Objective:
$84.00. Risk/Reward: $2.50 VS. $15.88. 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:
$84.00
Risk/Reward:
$2.50 VS. $15.88
Risk/Reward Ratio:
6;1
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