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SEGATE TECH HLDGS
(STX-NYSE):
Technical Viewpoint: From a low
of $11.10 on Apr 25, 2003 prices
rallied, reaching a
high of $14.22
on May 13, 2003. A
decline saw prices pull back, reaching a
low of
$12.83 on May 16, 2003.
Another rally saw prices penetrate
resistance, closing 5/28/03
at $14.84. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 21, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $13.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 28, 2003. A P&F upside
reversal takes place at $14.25. Summary: Technical indicators have turned bullish. BUY! SEGATE TECH HLDGS
(STX-NYSE) @ $15.13 Stop: Use a protective stop of $13.63.
SEGATE TECH HLDGS is currently trading @ $14.84 plus $0.89 on May 28, 2003. Price Objective:
$29.00. Risk/Reward: $1.50 VS. $13.88. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$29.00
Risk/Reward:
$1.50 VS. $13.88
Risk/Reward Ratio:
9:1
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