AMERICREDIT CORP
(ACF-NYSE):
Technical Viewpoint: From a low
of $19.00 on Feb 22, 2002 prices
rallied, reaching a
high of $40.30
on Mar 20, 2002. A
decline saw prices pull back, reaching a
low of
$35.30 on Mar 25, 2002.
Another rally saw prices penetrate
resistance, closing 4/5/02
at $42.13. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 4, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $36.00. Resistance: Is at $46.55.
Point & Figure: Reversed to the upside on Mar 26, 2002. A P&F upside
reversal takes place at $39.00. Summary: Technical indicators have turned bullish. BUY! AMERICREDIT CORP
(ACF-NYSE) @ $42.75 Stop: Use a protective stop of $40.25.
AMERICREDIT CORP is currently trading @ $42.13 plus $2.95 on Apr 5, 2002. Price Objective:
$56.00. Risk/Reward: $2.50 VS. $13.25. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$56.00
Risk/Reward:
$2.50 VS. $13.25
Risk/Reward Ratio:
5:1
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