AFLAC INC
(AFL-NYSE):
Technical Viewpoint: From a low
of $28.15 on Apr 23, 2002 prices
rallied, reaching a
high of $30.57
on May 1, 2002. A
decline saw prices pull back, reaching a
low of
$28.94 on May 15, 2002.
Another rally saw prices penetrate
resistance, closing 5/24/02
at $31.30. Technicals: Momentum Index (MTM): A Buy Alert!
was given on May 23, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $29.50. Resistance: Is at $32.25.
Point & Figure: Reversed to the upside on May 23, 2002. A P&F upside
reversal takes place at $29.50. Summary: Technical indicators have turned bullish. BUY! AFLAC INC
(AFL-NYSE) @ $31.50 Stop: Use a protective stop of $29.50.
AFLAC INC is currently trading @ $31.30 plus $0.86 on May 24, 2002. Price Objective:
$41.00. Risk/Reward: $2.00 VS. $9.50. 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:
$41.00
Risk/Reward:
$2.00 VS. $9.50
Risk/Reward Ratio:
5:1
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