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ADVANCED MEDICAL OPTICS
(EYE-NYSE):
Technical Viewpoint: From a low
of $43.94 on Jun 6, 2006 prices
rallied, reaching a
high of $49.50
on Jun 9, 2006. A
decline saw prices pull back, reaching a
low of
$46.64 on Jun 20, 2006.
Another rally saw prices penetrate
resistance, closing 6/23/06
at $49.79. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 10, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $48.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 9, 2006. A P&F upside
reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! ADVANCED MEDICAL OPTICS
(EYE-NYSE) @ $50.13 Stop: Use a protective stop of $47.63.
ADVANCED MEDICAL OPTICS is currently trading @ $49.79 plus $1.46 on Jun 23, 2006. Price Objective:
$45.00. Risk/Reward: $2.50 VS. $9.37. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$45.00
Risk/Reward:
$2.50 VS. $9.37
Risk/Reward Ratio:
4:1
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