|
APOLLO GROUP INC
(APOL-NYSE):
Technical Viewpoint: From a low
of $42.46 on Jan 22, 2002 prices
rallied, reaching a
high of $47.08
on Feb 8, 2002. A
decline saw prices pull back, reaching a
low of
$43.57 on Feb 19, 2002.
Another rally saw prices penetrate
resistance, closing 2/22/02
at $47.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 31, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $44.00. Resistance: Is at $47.90.
Point & Figure: Reversed to the upside on Feb 20, 2002. A P&F upside
reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC
(APOL-NYSE) @ $47.63 Stop: Use a protective stop of $44.88.
APOLLO GROUP INC is currently trading @ $47.38 plus $2.06 on Feb 22, 2002. Price Objective:
$58.00. Risk/Reward: $2.75 VS. $10.38. Today's Risk Reward Ratio: 4:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$58.00
Risk/Reward:
$2.75 VS. $10.38
Risk/Reward Ratio:
4:1
|
