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EXPRESS SCRIPTS INC
(ESRX-Nasdaq):
Technical Viewpoint: From a low
of $83.44 on Dec 30, 2005 prices
rallied, reaching a
high of $90.65
on Jan 9, 2006. A
decline saw prices pull back, reaching a
low of
$85.31 on Jan 23, 2006.
Another rally saw prices penetrate
resistance, closing 1/27/06
at $92.42. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 27, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $90.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 26, 2006. A P&F upside
reversal takes place at $89.00. Summary: Technical indicators have turned bullish. BUY! EXPRESS SCRIPTS INC
(ESRX-Nasdaq) @ $92.88 Stop: Use a protective stop of $90.13.
EXPRESS SCRIPTS INC is currently trading @ $92.42 plus $3.20 on Jan 27, 2006. Price Objective:
$107.00. Risk/Reward: $2.75 VS. $14.13. 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:
$107.00
Risk/Reward:
$2.75 VS. $14.13
Risk/Reward Ratio:
5:1
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