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WESTERN WIRELESS CP
(WWCA-Nasdaq):
Technical Viewpoint: From a low
of $20.46 on Apr 29, 2004 prices
rallied, reaching a
high of $25.69
on May 5, 2004. A
decline saw prices pull back, reaching a
low of
$23.44 on May 10, 2004.
Another rally saw prices penetrate
resistance, closing 5/19/04
at $26.03. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 7, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $24.00. Resistance: Is at $27.40.
Point & Figure: Reversed to the upside on May 19, 2004. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! WESTERN WIRELESS CP
(WWCA-Nasdaq) @ $26.88 Stop: Use a protective stop of $24.88.
WESTERN WIRELESS CP is currently trading @ $26.03 plus $1.22 on May 19, 2004. Price Objective:
$36.50. Risk/Reward: $2.00 VS. $9.62. 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. $9.62
Risk/Reward Ratio:
5:1
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