CYMER INC
(CYMI-Nasdaq):
Technical Viewpoint: From a low
of $25.00 on Dec 24, 2002 prices
rallied, reaching a
high of $37.50
on Jan 11, 2002. A
decline saw prices pull back, reaching a
low of
$32.10 on Jan 22, 2002.
Another rally saw prices penetrate
resistance, closing 2/6/02
at $41.38. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 6, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $35.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 6, 2002. A P&F upside
reversal takes place at $39.00. Summary: Technical indicators have turned bullish. BUY! CYMER INC
(CYMI-Nasdaq) @ $41.88 Stop: Use a protective stop of $39.25.
CYMER INC is currently trading @ $41.38 plus $5.63 on Feb 6, 2002. Price Objective:
$52.50. Risk/Reward: $2.63 VS. $10.63. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$52.50
Risk/Reward:
$2.63 VS. $10.63
Risk/Reward Ratio:
4:1
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