|
THESTREET.COM
(TSCM-Nasdaq):
Technical Viewpoint: From a low
of $15.69 on Aug 10, 1999 prices
rallied, reaching a
high of $21.00
on Aug 18, 1999. A
decline saw prices pull back, reaching a
low of
$16.05 on Sep 2, 1999.
Another rally saw prices penetrate
resistance, closing 9/13/99
at $25.69. Technicals: RSI Index (RSI): A Buy Alert!
was given on Sep 3, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $16.00. Resistance: Is at $32 3/8.
Point & Figure: Reversed to the upside on Sep 7, 1999. A P&F upside
reversal takes place at $24 3/4. Summary: Technical indicators have turned bullish. BUY! THESTREET.COM
(TSCM-Nasdaq) @ $27 3/4 Stop: Use a protective stop of $25 3/4.
THESTREET.COM is currently trading @ $25.69 plus $5.94 on Sep 13, 1999. Price Objective:
$34 1/2. Risk/Reward: $2.00 VS. $6 3/4. Today's Risk Reward Ratio: 3:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$34 1/2
Risk/Reward:
$2.00 VS. $6 3/4
Risk/Reward Ratio:
3:1
|
