JOHNSON CONTROLS INC
(JCI-NYSE):
Technical Viewpoint: From a low
of $59.95 on Oct 11, 2005 prices
rallied, reaching a
high of $69.74
on Nov 8, 2005. A
decline saw prices pull back, reaching a
low of
$66.61 on Nov 17, 2005.
Another rally saw prices penetrate
resistance, closing 11/18/05
at $69.74. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Nov 18, 2005 when the solid line crossed the dotted line to the upside.
Support: Remains at $67.00. Resistance: Is at $69.99.
Point & Figure: Reversed to the upside on May 18, 2005. A P&F upside
reversal takes place at $66.00. Summary: Technical indicators have turned bullish. BUY! JOHNSON CONTROLS INC
(JCI-NYSE) @ $70.13 Stop: Use a protective stop of $67.63.
JOHNSON CONTROLS INC is currently trading @ $69.74 plus $1.38 on Nov 18, 2005. Price Objective:
$82.00. Risk/Reward: $2.50 VS. $11.87. 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:
$82.00
Risk/Reward:
$2.50 VS. $11.87
Risk/Reward Ratio:
5:1
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