INTEGRATED DEVICE TECHNOL
(IDTI-Nasdaq):
Technical Viewpoint: From a low
of $10.22 on Aug 8, 2003 prices
rallied, reaching a
high of $15.75
on Sep 8, 2003. A
decline saw prices pull back, reaching a
low of
$12.38 on Oct 1, 2003.
Another rally saw prices penetrate
resistance, closing 10/17/03
at $14.95. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 17, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $12.63. Resistance: Is at $15.75.
Point & Figure: Reversed to the upside on Oct 17, 2003. A P&F upside
reversal takes place at $14.00. Summary: Technical indicators have turned bullish. BUY! INTEGRATED DEVICE TECHNOL
(IDTI-Nasdaq) @ $15.38 Stop: Use a protective stop of $13.88.
INTEGRATED DEVICE TECHNOL is currently trading @ $14.95 plus $2.29 on Oct 17, 2003. Price Objective:
$26.00. Risk/Reward: $1.50 VS. $10.62. 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:
$26.00
Risk/Reward:
$1.50 VS. $10.62
Risk/Reward Ratio:
7:1
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