ICOS CORPORATION
(ICOS-Nasdaq):
Technical Viewpoint: From a low
of $13.35 on Jul 11, 2002 prices
rallied, reaching a
high of $18.10
on Jul 17, 2002. A
decline saw prices pull back, reaching a
low of
$14.05 on Jul 18, 2002.
Another rally saw prices penetrate
resistance, closing 8/8/02
at $26.93. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 30, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $22.75. Resistance: Is at $27.64.
Point & Figure: Reversed to the upside on Aug 7, 2002. A P&F upside
reversal takes place at $24.75. Summary: Technical indicators have turned bullish. BUY! ICOS CORPORATION
(ICOS-Nasdaq) @ $27.13 Stop: Use a protective stop of $25.13.
ICOS CORPORATION is currently trading @ $26.93 plus $3.99 on Aug 8, 2002. Price Objective:
$36.00. 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:
$36.00
Risk/Reward:
$2.00 VS. $8.88
Risk/Reward Ratio:
4:1
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