|
INTUIT INC
(INTU-Nasdaq):
Technical Viewpoint: From a low
of $42.48 on Jun 14, 2002 prices
rallied, reaching a
high of $49.07
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 7/3/02
at $48.07. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 9, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $45.50. Resistance: Is at $50.50.
Point & Figure: Reversed to the upside on Jul 3, 2002. A P&F upside
reversal takes place at $45.75. Summary: Technical indicators have turned bullish. BUY! INTUIT INC
(INTU-Nasdaq) @ $48.13 Stop: Use a protective stop of $46.13.
INTUIT INC is currently trading @ $48.07 plus $2.07 on Jul 3, 2002. Price Objective:
$59.00. Risk/Reward: $2.00 VS. $10.88. Today's Risk Reward Ratio: 5:1
|
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. $10.88
Risk/Reward Ratio:
5:1
|
