INTUIT INC
(INTU-Nasdaq):
Technical Viewpoint: From a low
of $43.14 on Sep 24, 2002 prices
rallied, reaching a
high of $48.15
on Oct 2, 2002. A
decline saw prices pull back, reaching a
low of
$43.00 on Oct 7, 2002.
Another rally saw prices penetrate
resistance, closing 10/16/02
at $49.86. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 30, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $48.25. Resistance: Is at $50.13.
Point & Figure: Reversed to the upside on Oct 11, 2002. A P&F upside
reversal takes place at $47.25. Summary: Technical indicators have turned bullish. BUY! INTUIT INC
(INTU-Nasdaq) @ $50.13 Stop: Use a protective stop of $47.63.
INTUIT INC is currently trading @ $49.86 plus $0.33 on Oct 16, 2002. Price Objective:
$63.00. Risk/Reward: $2.50 VS. $12.88. 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:
$63.00
Risk/Reward:
$2.50 VS. $12.88
Risk/Reward Ratio:
5:1
|