INTUIT INC
(INTU-Nasdaq):
Technical Viewpoint: From a low
of $43.00 on Oct 7, 2002 prices
rallied, reaching a
high of $53.48
on Oct 23, 2002. A
decline saw prices pull back, reaching a
low of
$48.50 on Oct 29, 2002.
Another rally saw prices penetrate
resistance, closing 11/1/02
at $54.01. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 1, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $49.00. Resistance: Is at $56.31.
Point & Figure: Reversed to the upside on Oct 31, 2002. A P&F upside
reversal takes place at $51.00. Summary: Technical indicators have turned bullish. BUY! INTUIT INC
(INTU-Nasdaq) @ $54.63 Stop: Use a protective stop of $52.13.
INTUIT INC is currently trading @ $54.01 plus $2.09 on Nov 1, 2002. Price Objective:
$64.00. Risk/Reward: $2.50 VS. $9.38. 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:
$64.00
Risk/Reward:
$2.50 VS. $9.38
Risk/Reward Ratio:
4:1
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