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SHARPER IMAGE CO
(SHRP-Nasdaq):
Technical Viewpoint: From a low
of $14.75 on Feb 25, 2003 prices
rallied, reaching a
high of $18.80
on Mar 21, 2003. A
decline saw prices pull back, reaching a
low of
$17.14 on Mar 24, 2003.
Another rally saw prices penetrate
resistance, closing 4/9/03
at $21.10. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 6, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $18.50. Resistance: Is at $21.60.
Point & Figure: Reversed to the upside on Apr 9, 2003. A P&F upside
reversal takes place at $19.50. Summary: Technical indicators have turned bullish. BUY! SHARPER IMAGE CO
(SHRP-Nasdaq) @ $21.38 Stop: Use a protective stop of $19.88.
SHARPER IMAGE CO is currently trading @ $21.10 plus $2.20 on Apr 9, 2003. Price Objective:
$32.00. Risk/Reward: $1.50 VS. $10.63. 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:
$32.00
Risk/Reward:
$1.50 VS. $10.63
Risk/Reward Ratio:
7:1
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