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INT'L GAME TECHNOLOGY
(IGT-NYSE):
Technical Viewpoint: From a low
of $84.80 on May 21, 2003 prices
rallied, reaching a
high of $90.45
on Jun 27, 2003. A
decline saw prices pull back, reaching a
low of
$84.81 on Jun 2, 2003.
Another rally saw prices penetrate
resistance, closing 6/23/03
at $98.12. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 5, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $88.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 19, 2003. A P&F upside
reversal takes place at $95.25. Summary: Technical indicators have turned bullish. BUY! INT'L GAME TECHNOLOGY
(IGT-NYSE) @ $98.25 Stop: Use a protective stop of $95.50.
INT'L GAME TECHNOLOGY is currently trading @ $98.12 plus $2.65 on Jun 23, 2003. Price Objective:
$109.00. Risk/Reward: $2.75 VS. $10.75. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$109.00
Risk/Reward:
$2.75 VS. $10.75
Risk/Reward Ratio:
4:1
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