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AVON PRODUCTS INC
(AVP-NYSE):
Technical Viewpoint: From a low
of $28.76 on Feb 2, 2010 prices
rallied, reaching a
high of $32.95
on Mar 17, 2010. A
decline saw prices pull back, reaching a
low of
$31.90 on Mar 19, 2010.
Another rally saw prices penetrate
resistance, closing 3/26/10
at $33.25. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 26, 2010 when the solid line crossed the dotted line to the upside.
Support: Remains at $32.00. Resistance: Is at $33.82.
Point & Figure: Reversed to the upside on Feb 18, 2010. A P&F upside
reversal takes place at $31.00. Summary: Technical indicators have turned bullish. BUY! AVON PRODUCTS INC
(AVP-NYSE) @ $33.50 Stop: Use a protective stop of $31.50.
AVON PRODUCTS INC is currently trading @ $33.25 plus $1.26 on Mar 26, 2010. Price Objective:
$43.50. Risk/Reward: $2.00 VS. $10.00. 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:
$43.50
Risk/Reward:
$2.00 VS. $10.00
Risk/Reward Ratio:
5:1
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