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KMART HOLDING CORP
(KMRT-Nasdaq):
Technical Viewpoint: From a low
of $83.60 on Sep 23, 2004 prices
rallied, reaching a
high of $91.48
on Oct 10, 2004. A
decline saw prices pull back, reaching a
low of
$84.91 on Oct 15, 2004.
Another rally saw prices penetrate
resistance, closing 10/19/04
at $91.02. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 20, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $85.50. Resistance: Is at $91.48.
Point & Figure: Reversed to the upside on Oct 18, 2004. A P&F upside
reversal takes place at $85.50. Summary: Technical indicators have turned bullish. BUY! KMART HOLDING CORP
(KMRT-Nasdaq) @ $91.25 Stop: Use a protective stop of $88.50.
KMART HOLDING CORP is currently trading @ $91.02 plus $4.31 on Oct 18, 2004. Price Objective:
$109.50. Risk/Reward: $2.75 VS. $18.25. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$109.50
Risk/Reward:
$2.75 VS. $18.25
Risk/Reward Ratio:
7:1
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