BUY! ABBOTT LABORATORIES (ABT) NYSE

  Report No. 1603    Analysis by: Harry Aloof     SEPTEMBER 19, 2002

ABBOTT LABORATORIES (ABT-NYSE): Technical Viewpoint: From a low of $36.28 on Aug 6, 2002 prices rallied, reaching a high of $41.93 on Aug 22, 2002. A decline saw prices pull back, reaching a low of $37.13 on Sep 9, 2002. Another rally saw prices penetrate resistance, closing 9/18/02 at $40.42. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Sep 11, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $38.00. Resistance: Is at $41.93. Point & Figure: Reversed to the upside on Sep 18, 2002. A P&F upside reversal takes place at $38.25. Summary: Technical indicators have turned bullish. BUY! ABBOTT LABORATORIES (ABT-NYSE) @ $41.13 Stop: Use a protective stop of $39.13. ABBOTT LABORATORIES is currently trading @ $40.42 plus $1.83 on Sep 18, 2002. Price Objective: $52.00. 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

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Price Objective:
$52.00 Risk/Reward:
$2.00 VS. $10.88 Risk/Reward Ratio:
5:1
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