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MOODY'S CORPORATION
(MCO-NYSE):
Technical Viewpoint: From a low
of $40.23 on Apr 18, 2002 prices
rallied, reaching a
high of $50.94
on May 16, 2002. A
decline saw prices pull back, reaching a
low of
$46.85 on Jun 10, 2002.
Another rally saw prices penetrate
resistance, closing 6/19/02
at $50.64. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 19, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $46.75. Resistance: Is at $50.94.
Point & Figure: Reversed to the upside on Jun 18, 2002. A P&F upside
reversal takes place at $49.00. Summary: Technical indicators have turned bullish. BUY! MOODY'S CORPORATION
(MCO-NYSE) @ $50.88 Stop: Use a protective stop of $48.38.
MOODY'S CORPORATION is currently trading @ $50.64 plus $1.38 on Jun 19, 2002. Price Objective:
$62.00. Risk/Reward: $2.50 VS. $11.13. 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:
$62.00
Risk/Reward:
$2.50 VS. $11.13
Risk/Reward Ratio:
4:1
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