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AFFILIATED COMPUTER SVC
(ACS-NYSE):
Technical Viewpoint: From a low
of $44.35 on Feb 28, 2002 prices
rallied, reaching a
high of $57.05
on Mar 28, 2002. A
decline saw prices pull back, reaching a
low of
$50.15 on May 13, 2002.
Another rally saw prices penetrate
resistance, closing 5/17/02
at $55.02. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 16, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $50.75. Resistance: Is at $56.08.
Point & Figure: Reversed to the upside on May 15, 2002. A P&F upside
reversal takes place at $52.00. Summary: Technical indicators have turned bullish. BUY! AFFILIATED COMPUTER SVC
(ACS-NYSE) @ $55.25 Stop: Use a protective stop of $52.75.
AFFILIATED COMPUTER SVC is currently trading @ $55.02 plus $1.76 on May 17, 2002. Price Objective:
$65.00. Risk/Reward: $2.50 VS. $9.75. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$65.00
Risk/Reward:
$2.50 VS. $9.75
Risk/Reward Ratio:
4:1
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