|
WILLIS GROUP HOLDINGS LTD
(WSH-NYSE):
Technical Viewpoint: From a low
of $32.20 on Aug 1, 2006 prices
rallied, reaching a
high of $37.06
on Aug 7, 2006. A
decline saw prices pull back, reaching a
low of
$35.67 on Sep 11, 2006.
Another rally saw prices penetrate
resistance, closing 9/15/06
at $37.68. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Sep 13, 2006 when the solid line crossed the dotted line to the upside.
Support: Remains at $32.00. Resistance: Is at $34.00.
Point & Figure: Reversed to the upside on Aug 8, 2006. A P&F upside
reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! WILLIS GROUP HOLDINGS LTD
(WSH-NYSE) @ $37.88 Stop: Use a protective stop of $35.88.
WILLIS GROUP HOLDINGS LTD is currently trading @ $37.68 plus $0.92 on Sep 15, 2006. Price Objective:
$47.50. Risk/Reward: $2.00 VS. $9.62. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$47.50
Risk/Reward:
$2.00 VS. $9.62
Risk/Reward Ratio:
5:1
|
