WEBSENSE INCORPORATED
(WBSN-Nasdaq):
Technical Viewpoint: From a low
of $29.65 on Jul 26, 2004 prices
rallied, reaching a
high of $38.85
on Aug 2, 2004. A
decline saw prices pull back, reaching a
low of
$35.04 on Aug 9, 2004.
Another rally saw prices penetrate
resistance, closing 8/13/04
at $38.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 29, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $35.30. Resistance: Is at $38.85.
Point & Figure: Reversed to the upside on Aug 6, 2004. A P&F upside
reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! WEBSENSE INCORPORATED
(WBSN-Nasdaq) @ $38.88 Stop: Use a protective stop of $36.88.
WEBSENSE INCORPORATED is currently trading @ $38.38 plus $3.01 on Aug 13, 2004. Price Objective:
$58.00. Risk/Reward: $2.00 VS. $19.12. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$58.00
Risk/Reward:
$2.00 VS. $19.12
Risk/Reward Ratio:
10:1
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