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POTLATCH CORP
(PCH-NYSE):
Technical Viewpoint: From a low
of $37.66 on Aug 13, 2004 prices
rallied, reaching a
high of $45.00
on Sep 27, 2004. A
decline saw prices pull back, reaching a
low of
$42.45 on Sep 14, 2004.
Another rally saw prices penetrate
resistance, closing 9/23/04
at $45.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 26, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $43.63. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 23, 2004. A P&F upside
reversal takes place at $43.50. Summary: Technical indicators have turned bullish. BUY! POTLATCH CORP
(PCH-NYSE) @ $45.25 Stop: Use a protective stop of $43.25.
POTLATCH CORP is currently trading @ $45.00 plus $1.44 on Sep 23, 2004. Price Objective:
$56.00. Risk/Reward: $2.00 VS. $10.75. 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:
$56.00
Risk/Reward:
$2.00 VS. $10.75
Risk/Reward Ratio:
5:1
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