EMBR EMPRS DE AERO
(ERJ-NYSE):
Technical Viewpoint: From a low
of $12.88 on Apr 25, 2003 prices
rallied, reaching a
high of $15.60
on May 14, 2003. A
decline saw prices pull back, reaching a
low of
$14.00 on May 27, 2003.
Another rally saw prices penetrate
resistance, closing 6/10/03
at $19.45. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 1, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $14.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 10, 2003. A P&F upside
reversal takes place at $18.20. Summary: Technical indicators have turned bullish. BUY! EMBR EMPRS DE AERO
(ERJ-NYSE) @ $19.63 Stop: Use a protective stop of $18.13.
EMBR EMPRS DE AERO is currently trading @ $19.45 plus $2.70 on Jun 10, 2003. Price Objective:
$33.00. Risk/Reward: $1.50 VS. $13.38. Today's Risk Reward Ratio: 9:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$33.00
Risk/Reward:
$1.50 VS. $13.38
Risk/Reward Ratio:
9:1
|