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LEHMAN BROS HLDG INC
(LEH-NYSE):
Technical Viewpoint: From a low
of $53.53 on Nov 13, 2002 prices
rallied, reaching a
high of $64.14
on Nov 21, 2002. A
decline saw prices pull back, reaching a
low of
$53.02 on Dec 31, 2002.
Another rally saw prices penetrate
resistance, closing 1/10/03
at $59.36. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 9, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $54.50. Resistance: Is at $63.06.
Point & Figure: Reversed to the upside on Jan 6, 2003. A P&F upside
reversal takes place at $56.00. Summary: Technical indicators have turned bullish. BUY! LEHMAN BROS HLDG INC
(LEH-NYSE) @ $59.88 Stop: Use a protective stop of $57.38.
LEHMAN BROS HLDG INC is currently trading @ $59.36 plus $1.01 on Jan 10, 2003. Price Objective:
$79.00. Risk/Reward: $2.50 VS. $19.13. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$79.00
Risk/Reward:
$2.50 VS. $19.13
Risk/Reward Ratio:
9:1
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