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J2 GLOBAL COMMUNICATIONS
(JCOM-Nasdaq):
Technical Viewpoint: From a low
of $18.10 on Jan 28, 2003 prices
rallied, reaching a
high of $25.90
on Feb 24, 2003. A
decline saw prices pull back, reaching a
low of
$21.40 on Mar 11, 2003.
Another rally saw prices penetrate
resistance, closing 3/26/03
at $30.20. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 5, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $25.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 26, 2003. A P&F upside
reversal takes place at $27.00. Summary: Technical indicators have turned bullish. BUY! J2 Global Communications
(JCOM-Nasdaq) @ $30.38 Stop: Use a protective stop of $28.38.
J2 Global Communications is currently trading @ $30.20 plus $2.40 on Mar 26, 2003. Price Objective:
$43.00. Risk/Reward: $2.00 VS. $12.63. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$43.00
Risk/Reward:
$2.00 VS. $12.63
Risk/Reward Ratio:
6:1
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