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NORTHROP GRUMMAN CORP
(NOC-NYSE):
Technical Viewpoint: From a low
of $79.71 on Apr 11, 2003 prices
rallied, reaching a
high of $92.60
on May 15, 2003. A
decline saw prices pull back, reaching a
low of
$82.92 on Jun 9, 2003.
Another rally saw prices penetrate
resistance, closing 7/28/03
at $92.36. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 28, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $89.50. Resistance: Is at $93.45.
Point & Figure: Reversed to the upside on Jul 28, 2003. A P&F upside
reversal takes place at $89.00. Summary: Technical indicators have turned bullish. BUY! NORTHROP GRUMMAN CORP
(NOC-NYSE) @ $92.88 Stop: Use a protective stop of $90.13.
NORTHROP GRUMMAN CORP is currently trading @ $92.36 plus $5.26 on Jul 28, 2003. Price Objective:
$107.00. Risk/Reward: $2.75 VS. $14.13. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$107.00
Risk/Reward:
$2.75 VS. $14.13
Risk/Reward Ratio:
5:1
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