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TRANSACTION SYS ARCHITECS
(TSAI-Nasdaq):
Technical Viewpoint: From a low
of $18.07 on Mar 22, 2004 prices
rallied, reaching a
high of $24.37
on Apr 2, 2004. A
decline saw prices pull back, reaching a
low of
$22.25 on Apr 7, 2004.
Another rally saw prices penetrate
resistance, closing 4/13/04
at $24.74. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 29, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $22.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 13, 2004. A P&F upside
reversal takes place at $23.50. Summary: Technical indicators have turned bullish. BUY! TRANSACTION SYS ARCHITECS
(TSAI-Nasdaq) @ $25.50 Stop: Use a protective stop of $23.50.
TRANSACTION SYS ARCHITECS is currently trading @ $24.74 plus $2.20 on Apr 13, 2004. Price Objective:
$36.50. Risk/Reward: $2.00 VS. $11.00. 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:
$36.50
Risk/Reward:
$2.00 VS. $11.00
Risk/Reward Ratio:
5:1
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