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GENERAL DYNAMICS
(GD-NYSE):
Technical Viewpoint: From a low
of $86.50 on Mar 8, 2002 prices
rallied, reaching a
high of $97.00
on Apr 2, 2002. A
decline saw prices pull back, reaching a
low of
$91.01 on Apr 12, 2002.
Another rally saw prices penetrate
resistance, closing 4/25/02
at $98.10. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 25, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $93.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 23, 2002. A P&F upside
reversal takes place at $95.25. Summary: Technical indicators have turned bullish. BUY! GENERAL DYNAMICS
(GD-NYSE) @ $98.13 Stop: Use a protective stop of $95.38.
GENERAL DYNAMICS is currently trading @ $98.10 plus $2.75 on Apr 25, 2002. Price Objective:
$117.00. Risk/Reward: $2.75 VS. $18.88. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$117.00
Risk/Reward:
$2.75 VS. $18.88
Risk/Reward Ratio:
7:1
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