|
PEGASYSTEMS INC
(PEGA-Nasdaq):
Technical Viewpoint: From a low
of $23.91 on Oct 22, 2010 prices
rallied, reaching a
high of $38.13
on Jan 3, 2011. A
decline saw prices pull back, reaching a
low of
$32.12 on Jan 25, 2011.
Another rally saw prices penetrate
resistance, closing 2/25/11
at $40.31. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 25, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $39.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 1, 2011. A P&F upside
reversal takes place at $38.00. Summary: Technical indicators have turned bullish. BUY! Pegasystems Inc
(PEGA-Nasdaq) @ $40.38 Stop: Use a protective stop of $38.38.
Pegasystems Inc is currently trading @ $40.31 plus $2.31 on Feb 25, 2011. Price Objective:
$52.50. Risk/Reward: $2.00 VS. $12.12. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$52.50
Risk/Reward:
$2.00 VS. $12.12
Risk/Reward Ratio:
6:1
|
