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AOL TIME WARNER
(AOL-NYSE):
Technical Viewpoint: From a low
of $10.80 on Apr 1, 2003 prices
rallied, reaching a
high of $14.18
on Apr 24, 2003. A
decline saw prices pull back, reaching a
low of
$12.95 on May 12, 2003.
Another rally saw prices penetrate
resistance, closing 5/22/03
at $14.35. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 7, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $13.63. Resistance: Is at $14.60.
Point & Figure: Reversed to the upside on May 22, 2003. A P&F upside
reversal takes place at $14.25. Summary: Technical indicators have turned bullish. BUY! AOL TIME WARNER
(AOL-NYSE) @ $14.50 Stop: Use a protective stop of $13.12.
AOL TIME WARNER is currently trading @ $14.35 plus $0.69 on May 22, 2003. Price Objective:
$24.00. Risk/Reward: $1.38 VS. $9.50. 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:
$24.00
Risk/Reward:
$1.38 VS. $9.50
Risk/Reward Ratio:
7:1
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