LINCARE HOLDINGS INC
(LNCR-Nasdaq):
Technical Viewpoint: From a low
of $30.36 on May 22, 2004 prices
rallied, reaching a
high of $32.00
on Apr 2, 2004. A
decline saw prices pull back, reaching a
low of
$30.10 on Apr 15, 2004.
Another rally saw prices penetrate
resistance, closing 4/30/04
at $34.62. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 20, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $33.75. Resistance: Is at $34.90.
Point & Figure: Reversed to the upside on Apr 20, 2004. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! LINCARE HOLDINGS INC
(LNCR-Nasdaq) @ $35.13 Stop: Use a protective stop of $33.13.
LINCARE HOLDINGS INC is currently trading @ $34.62 plus $0.85 on Apr 30, 2004. Price Objective:
$46.50. Risk/Reward: $2.00 VS. $11.37. 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:
$46.50
Risk/Reward:
$2.00 VS. $11.37
Risk/Reward Ratio:
6:1
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