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DELEK US HOLDINGS INC
(DK-NYSE):
Technical Viewpoint: From a low
of $18.75 on May 1, 2007 prices
rallied, reaching a
high of $21.85
on May 3, 2007. A
decline saw prices pull back, reaching a
low of
$20.00 on May 10, 2007.
Another rally saw prices penetrate
resistance, closing 5/18/07
at $23.48. Technicals: MACD Index (MACD): A Buy Alert!
was given on May 18, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $19.00. Resistance: Is at $21.00.
Point & Figure: Reversed to the upside on May 2, 2007. A P&F upside
reversal takes place at $21.00. Summary: Technical indicators have turned bullish. BUY! DELEK US HOLDINGS INC
(DK-NYSE) @ $23.63 Stop: Use a protective stop of $21.63.
DELEK US HOLDINGS INC is currently trading @ $23.48 plus $2.37 on May 18, 2007. Price Objective:
$32.50. Risk/Reward: $2.00 VS. $8.87. 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:
$32.50
Risk/Reward:
$2.00 VS. $8.87
Risk/Reward Ratio:
4:1
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