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USANA HEALTH SCIENCES
(USNA-Nasdaq):
Technical Viewpoint: From a low
of $11.50 on Jan 10, 2003 prices
rallied, reaching a
high of $18.89
on Jan 30, 2003. A
decline saw prices pull back, reaching a
low of
$13.03 on Feb 10, 2003.
Another rally saw prices penetrate
resistance, closing 2/13/03
at $16.27. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Feb 11, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $13.25. Resistance: Is at $17.48.
Point & Figure: Reversed to the upside on Feb 12, 2003. A P&F upside
reversal takes place at $14.50. Summary: Technical indicators have turned bullish. BUY! USANA HEALTH SCIENCES
(USNA-Nasdaq) @ $16.50 Stop: Use a protective stop of $15.13.
USANA HEALTH SCIENCES is currently trading @ $16.27 plus $1.12 on Feb 13, 2003. Price Objective:
$26.25. Risk/Reward: $1.38 VS. $9.75. 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:
$26.25
Risk/Reward:
$1.38 VS. $9.75
Risk/Reward Ratio:
7:1
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