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MATRIA HEALTHCARE
(MATR-Nasdaq):
Technical Viewpoint: From a low
of $21.79 on Jan 15, 2008 prices
rallied, reaching a
high of $31.57
on Jan 17, 2008. A
decline saw prices pull back, reaching a
low of
$28.50 on Jan 22, 2008.
Another rally saw prices penetrate
resistance, closing 1/25/08
at $30.69. Technicals: MACD Index (MACD): A Buy Alert!
was given on Dec 26, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $29.00. Resistance: Is at $31.57.
Point & Figure: Reversed to the upside on Jan 2, 2008. A P&F upside
reversal takes place at $28.00. Summary: Technical indicators have turned bullish. BUY! MATRIA HEALTHCARE
(MATR-Nasdaq) @ $31.13 Stop: Use a protective stop of $29.13.
MATRIA HEALTHCARE is currently trading @ $30.69 plus $1.01 on Jan 25, 2008. Price Objective:
$39.75. Risk/Reward: $2.00 VS. $8.62. 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:
$39.75
Risk/Reward:
$2.00 VS. $8.62
Risk/Reward Ratio:
4:1
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