INTUIT INC
(INTU-Nasdaq):
Technical Viewpoint: From a low
of $42.48 on Jun 14, 2002 prices
rallied, reaching a
high of $49.09
on Jun 19, 2002. A
decline saw prices pull back, reaching a
low of
$42.70 on Jun 21, 2002.
Another rally saw prices penetrate
resistance, closing 6/26/02
at $47.15. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Jun 26, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $42.75. Resistance: Is at $48.75.
Point & Figure: Reversed to the upside on Jun 25, 2002. A P&F upside
reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! INTUIT INC
(INTU-Nasdaq) @ $47.63 Stop: Use a protective stop of $45.63.
INTUIT INC is currently trading @ $47.15 plus $2.66 on Jun 26, 2002. Price Objective:
$59.00. Risk/Reward: $2.00 VS. $11.38. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$59.00
Risk/Reward:
$2.00 VS. $11.38
Risk/Reward Ratio:
6:1
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