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CLARUS CORP
(CLRS-Nasdaq):
Technical Viewpoint: From a low
of $9 7/8 on Oct 25, 1999 prices
rallied, reaching a
high of $43 1/2
on Nov 9, 1999. A
decline saw prices pull back, reaching a
low of
$31 1/4 on Nov 12, 1999.
Another rally saw prices penetrate
resistance, closing 11/30/99
at $45.95. Technicals: RSI Index (RSI): A Buy Alert!
was given on Nov 30, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $40.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 30, 1999. A P&F upside
reversal takes place at $44 1/4. Summary: Technical indicators have turned bullish. BUY! CLARUS CORP
(CLRS-Nasdaq) @ $47 1/8 Stop: Use a protective stop of $44 3/8.
CLARUS CORP is currently trading @ $45.95 plus $6.19 on Nov 30, 1999. Price Objective:
$61.00. Risk/Reward: $2 3/4 VS. $13 7/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$61.00
Risk/Reward:
$2 3/4 VS. $13 7/8
Risk/Reward Ratio:
5:1
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