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P-COM INCORPORATED
(PCMS-Nasdaq):
Technical Viewpoint: From a high
of $3 3/4 on Jun 14, 1999 prices
declined, reaching a
low of $6 3/4
on Jul 9, 1999. A
rally saw prices pull back, reaching a
high of
$3 7/8 on Aug 5, 1999.
Another decline saw prices penetrate
support, closing 9/15/99
at $7.22. Technicals: MACD-Histogram (MACD-H): A Sell Alert!
was given on Sep 9, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $6.00. Resistance: Is at $8 1/4.
Point & Figure: Reversed to the downside on Sep 15, 1999. A P&F downside
reversal takes place at $6 1/2. Summary: Technical indicators have turned bearish. SELL! P-COM INCORPORATED
(PCMS-Nasdaq) @ $7 3/8 Stop: Use a protective stop of $6 3/8.
P-COM INCORPORATED is currently trading @ $7.22 minus $1.22 on Sep 15, 1999. Price Objective:
$13.00. Risk/Reward: $1.00 VS. $5 7/8. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$13.00
Risk/Reward:
$1.00 VS. $5 7/8
Risk/Reward Ratio:
6:1
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