WILLIS GROUP HOLDINGS
(WSH-NYSE):
Technical Viewpoint: From a low
of $26.50 on Apr 26, 2002 prices
rallied, reaching a
high of $31.59
on May 3, 2002. A
decline saw prices pull back, reaching a
low of
$27.56 on May 13, 2002.
Another rally saw prices penetrate
resistance, closing 5/28/02
at $32.28. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 9, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $28.63. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 28, 2002. A P&F upside
reversal takes place at $31.50. Summary: Technical indicators have turned bullish. BUY! WILLIS GROUP HOLDINGS
(WSH-NYSE) @ $32.50 Stop: Use a protective stop of $30.50.
WILLIS GROUP HOLDINGS is currently trading @ $32.28 plus $1.28 on May 28, 2002. Price Objective:
$42.50. Risk/Reward: $2.00 VS. $10.00. 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:
$42.50
Risk/Reward:
$2.00 VS. $10.00
Risk/Reward Ratio:
5:1
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