KMART HOLDING CORP
(KMRT-Nasdaq):
Technical Viewpoint: From a low
of $61.76 on Aug 11, 2004 prices
rallied, reaching a
high of $81.01
on Aug 17, 2004. A
decline saw prices pull back, reaching a
low of
$74.92 on Aug 31, 2004.
Another rally saw prices penetrate
resistance, closing 9/2/04
at $79.39. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 18, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $77.50. Resistance: Is at $81.01.
Point & Figure: Reversed to the upside on Sep 1, 2004. A P&F upside
reversal takes place at $77.00. Summary: Technical indicators have turned bullish. BUY! KMART HOLDING CORP
(KMRT-Nasdaq) @ $80.88 Stop: Use a protective stop of $78.13.
KMART HOLDING CORP is currently trading @ $79.39 plus $1.47 on Sep 2, 2004. Price Objective:
$92.00. Risk/Reward: $2.75 VS. $11.12. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$92.00
Risk/Reward:
$2.75 VS. $11.12
Risk/Reward Ratio:
4:1
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