BUY! GLOBAL CROSSING LTD (GBLX) Nasdaq

  Report No. 914    Analysis by: Harry Aloof     NOVEMBER 15, 1999

GLOBAL CROSSING LTD (GBLX-Nasdaq): Technical Viewpoint: From a low of $20 1/4 on Sep 7, 1999 prices rallied, reaching a high of $38 5/8 on Oct 12, 1999. A decline saw prices pull back, reaching a low of $32.19 on Nov 2, 1999. Another rally saw prices penetrate resistance, closing 11/12/99 at $38 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 8, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $32 1/2. Resistance: Is at $44 1/4. Point & Figure: Reversed to the upside on Nov 9, 1999. A P&F upside reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! GLOBAL CROSSING LTD (GBLX-Nasdaq) @ $38 7/8 Stop: Use a protective stop of $36 3/8. GLOBAL CROSSING LTD is currently trading @ $38 1/2 plus $3.69 on Nov 12, 1999. Price Objective: $52.00. Risk/Reward: $2 1/2 VS. $13 1/8. Today's Risk Reward Ratio: 5:1

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

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Price Objective:
$52.00 Risk/Reward:
$2 1/2 VS. $13 1/8 Risk/Reward Ratio:
5:1
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