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WINTRUST FINANCIAL CORP
(WTFC-Nasdaq):
Technical Viewpoint: From a low
of $25.91 on May 20, 2002 prices
rallied, reaching a
high of $29.30
on May 30, 2002. A
decline saw prices pull back, reaching a
low of
$27.11 on Jun 7, 2002.
Another rally saw prices penetrate
resistance, closing 6/11/02
at $30.38. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jun 7, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $28.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 11, 2002. A P&F upside
reversal takes place at $29.75. Summary: Technical indicators have turned bullish. BUY! WINTRUST FINANCIAL CORP
(WTFC-Nasdaq) @ $30.63 Stop: Use a protective stop of $28.63.
WINTRUST FINANCIAL CORP is currently trading @ $30.38 plus $1.53 on Jun 11, 2002. Price Objective:
$39.50. Risk/Reward: $2.00 VS. $8.88. 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:
$39.50
Risk/Reward:
$2.00 VS. $8.88
Risk/Reward Ratio:
4:1
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