BUY! WEYERHAEUSER CO (WY) NYSE

  Report No. 1479    Analysis by: Harry Aloof     MARCH 15, 2002

WEYERHAEUSER CO (WY-NYSE): Technical Viewpoint: From a low of $58.50 on Feb 19, 2002 prices rallied, reaching a high of $65.40 on Mar 4, 2002. A decline saw prices pull back, reaching a low of $62.93 on Mar 13, 2002. Another rally saw prices penetrate resistance, closing 3/14/02 at $65.17. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 24, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $62.00. Resistance: Is at $73.25. Point & Figure: Reversed to the upside on Mar 14, 2002. A P&F upside reversal takes place at $63.00. Summary: Technical indicators have turned bullish. BUY! WEYERHAEUSER CO (WY-NYSE) @ $65.50 Stop: Use a protective stop of $62.75. WEYERHAEUSER CO is currently trading @ $65.17 plus $2.88 on Mar 14, 2002. Price Objective: $82.00. Risk/Reward: $2.75 VS. $16.50. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$82.00 Risk/Reward:
$2.75 VS. $16.50 Risk/Reward Ratio:
6:1
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