BUY! MOLEX INCORPORATED (MOLX) Nasdaq

  Report No. 1517    Analysis by: Harry Aloof     MAY 14, 2002

MOLEX INCORPORATED (MOLX-Nasdaq): Technical Viewpoint: From a low of $28.26 on Feb 22, 2002 prices rallied, reaching a high of $36.65 on Mar 11, 2002. A decline saw prices pull back, reaching a low of $31.94 on May 7, 2002. Another rally saw prices penetrate resistance, closing 5/13/02 at $36.40. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on May 9, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $34.00. Resistance: Is at $36.65. Point & Figure: Reversed to the upside on May 8, 2002. A P&F upside reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! MOLEX INCORPORATED (MOLX-Nasdaq) @ $36.75 Stop: Use a protective stop of $34.25. MOLEX INCORPORATED is currently trading @ $36.40 plus $2.08 on May 13, 2002. Price Objective: $52.00. Risk/Reward: $2.50 VS. $15.25. 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:
$52.00 Risk/Reward:
$2.50 VS. $15.25 Risk/Reward Ratio:
6:1
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