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GOODRICH CORP
(GDP-NYSE):
Technical Viewpoint: From a low
of $25.21 on Oct 4, 2006 prices
rallied, reaching a
high of $35.54
on Oct 25, 2006. A
decline saw prices pull back, reaching a
low of
$32.53 on Oct 31, 2006.
Another rally saw prices penetrate
resistance, closing 11/3/06
at $39.49. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 5, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $35.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 6, 2006. A P&F upside
reversal takes place at $36.00. Summary: Technical indicators have turned bullish. BUY! GOODRICH CORP
(GDP-NYSE) @ $39.75 Stop: Use a protective stop of $37.75.
GOODRICH CORP is currently trading @ $39.49 plus $3.98 on Nov 3, 2006. Price Objective:
$48.00. Risk/Reward: $2.00 VS. $8.25. 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:
$48.00
Risk/Reward:
$2.00 VS. $8.25
Risk/Reward Ratio:
4:1
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