BUY! Lear Corp (LEA) NYSE

  Report No. 1691    Analysis by: Harry Aloof     JANUARY 28, 2003

LEAR CORP (LEA-NYSE): Technical Viewpoint: From a low of $32.80 on Dec 31, 2002 prices rallied, reaching a high of $39.66 on Jan 16, 2003. A decline saw prices pull back, reaching a low of $36.46 on Jan 22, 2003. Another rally saw prices penetrate resistance, closing 1/27/03 at $39.88. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 7, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $37.00. Resistance: Is at $44.20. Point & Figure: Reversed to the upside on Jan 27, 2003. A P&F upside reversal takes place at $37.50. Summary: Technical indicators have turned bullish. BUY! Lear Corp (LEA-NYSE) @ $40.38 Stop: Use a protective stop of $38.38. Lear Corp is currently trading @ $39.88 plus $2.18 on Jan 27, 2003. Price Objective: $57.00. Risk/Reward: $2.00 VS. $18.62. Today's Risk Reward Ratio: 9:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$57.00 Risk/Reward:
$2.00 VS. $18.62 Risk/Reward Ratio:
9:1
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