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EXODUS COMMUNICATIONS
(EXDS-Nasdaq):
Technical Viewpoint: From a low
of $85.44 on Nov 11, 1999 prices
rallied, reaching a
high of $130 1/8
on Nov 26, 1999. A
decline saw prices pull back, reaching a
low of
$105 3/8 on Dec 2, 1999.
Another rally saw prices penetrate
resistance, closing 12/7/99
at $144 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 26, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $110.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Dec 3, 1999. A P&F upside
reversal takes place at $117 1/2. Summary: Technical indicators have turned bullish. BUY! EXODUS COMMUNICATIONS
(EXDS-Nasdaq) @ $146 3/8 Stop: Use a protective stop of $143 1/8.
EXODUS COMMUNICATIONS is currently trading @ $144 1/2 plus $20.69 on Dec 7, 1999. Price Objective:
$187 1/4. Risk/Reward: $3 1/4 VS. $40 7/8. Today's Risk Reward Ratio: 12:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$187 1/4
Risk/Reward:
$3 1/4 VS. $40 7/8
Risk/Reward Ratio:
12:1
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