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STAMPS.COM INC
(STMP-Nasdaq):
Technical Viewpoint: From a low
of $31 3/4 on Sep 9, 1999 prices
rallied, reaching a
high of $42 1/2
on Sep 22, 1999. A
decline saw prices pull back, reaching a
low of
$30 1/2 on Oct 18, 1999.
Another rally saw prices penetrate
resistance, closing 10/26/99
at $48 5/8. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Oct 20, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $40.00. Resistance: Is at $52 1/2.
Point & Figure: Reversed to the upside on Oct 21, 1999. A P&F upside
reversal takes place at $43 1/2. Summary: Technical indicators have turned bullish. BUY! STAMPS.COM INC
(STMP-Nasdaq) @ $49 1/8 Stop: Use a protective stop of $46 1/4.
STAMPS.COM INC is currently trading @ $48 5/8 plus $9 1/8 on Oct 26, 1999. Price Objective:
$69 1/2. Risk/Reward: $2 7/8 VS. $20 3/8. 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:
$69 1/2
Risk/Reward:
$2 7/8 VS. $20 3/8
Risk/Reward Ratio:
7:1
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