BOSTON COMMUNICATIONS
(BCGI-Nasdaq):
Technical Viewpoint: From a low
of $8.83 on Sep 23, 2002 prices
rallied, reaching a
high of $11.10
on Oct 3, 2002. A
decline saw prices pull back, reaching a
low of
$9.68 on Oct 14, 2002.
Another rally saw prices penetrate
resistance, closing 11/8/02
at $14.13. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 26, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $12.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 31, 2002. A P&F upside
reversal takes place at $13.25. Summary: Technical indicators have turned bullish. BUY! BOSTON COMMUNICATIONS
(BCGI-Nasdaq) @ $14.25 Stop: Use a protective stop of $12.75.
BOSTON COMMUNICATIONS is currently trading @ $14.13 plus $0.79 on Nov 8, 2002. Price Objective:
$25.00. Risk/Reward: $1.50 VS. $10.75. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$25.00
Risk/Reward:
$1.50 VS. $10.75
Risk/Reward Ratio:
7:1
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