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TAKE-TWO-INTERA SOFTWARE
(TTWO-Nasdaq):
Technical Viewpoint: From a low
of $22.85 on Aug 28, 2002 prices
rallied, reaching a
high of $28.35
on Sep 6, 2002. A
decline saw prices pull back, reaching a
low of
$25.00 on Sep 19, 2002.
Another rally saw prices penetrate
resistance, closing 9/27/02
at $29.45. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 31, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $26.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 27, 2002. A P&F upside
reversal takes place at $28.00. Summary: Technical indicators have turned bullish. BUY! TAKE-TWO-INTERA SOFTWARE
(TTWO-Nasdaq) @ $29.63 Stop: Use a protective stop of $27.63.
TAKE-TWO-INTERA SOFTWARE is currently trading @ $29.45 plus $1.85 on Sep 27, 2002. Price Objective:
$38.00. Risk/Reward: $2.00 VS. $8.38. 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:
$38.00
Risk/Reward:
$2.00 VS. $8.38
Risk/Reward Ratio:
4:1
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