GOLD FIELDS LTD
(GFI-NYSE):
Technical Viewpoint: From a low
of $9.40 on Apr 9, 2002 prices
rallied, reaching a
high of $17.15
on May 22, 2002. A
decline saw prices pull back, reaching a
low of
$10.75 on Jun 11, 2002.
Another rally saw prices penetrate
resistance, closing 7/9/02
at $13.78. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 9, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $11.50. Resistance: Is at $14.05.
Point & Figure: Reversed to the upside on Jul 9, 2002. A P&F upside
reversal takes place at $12.00. Summary: Technical indicators have turned bullish. BUY! GOLD FIELDS LTD
(GFI-NYSE) @ $13.88 Stop: Use a protective stop of $12.38.
GOLD FIELDS LTD is currently trading @ $13.78 plus $1.50 on Jul 9, 2002. Price Objective:
$23.00. Risk/Reward: $1.50 VS. $9.13. 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:
$23.00
Risk/Reward:
$1.50 VS. $9.13
Risk/Reward Ratio:
6:1
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