BUY! LEGGETT & PLATT INC (LEG) NYSE

  Report No. 2167    Analysis by: Harry Aloof     APRIL 24, 2006

LEGGETT & PLATT INC (LEG-NYSE): Technical Viewpoint: From a low of $23.18 on Mar 7, 2006 prices rallied, reaching a high of $25.14 on Mar 23, 2006. A decline saw prices pull back, reaching a low of $23.74 on Apr 13, 2006. Another rally saw prices penetrate resistance, closing 4/21/06 at $25.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Apr 21, 2006 when the Histogram crossed the "0" line to the upside. Support: Remains at $24.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Apr 27, 2006. A P&F upside reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! LEGGETT & PLATT INC (LEG-NYSE) @ $26.13 Stop: Use a protective stop of $24.13. LEGGETT & PLATT INC is currently trading @ $25.80 plus $1.90 on Apr 21, 2006. Price Objective: $34.00. Risk/Reward: $2.00 VS. $7.87. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$34.00 Risk/Reward:
$2.00 VS. $7.87 Risk/Reward Ratio:
4:1
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