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STAMPS.COM
(STMP-Nasdaq):
Technical Viewpoint: From a low
of $11.95 on Jun 21, 2011 prices
rallied, reaching a
high of $14.24
on Jul 12, 2011. A
decline saw prices pull back, reaching a
low of
$13.13 on Jul 25, 2011.
Another rally saw prices penetrate
resistance, closing 7/29/11
at $16.75. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 29, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $14.10. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 27, 2011. A P&F upside
reversal takes place at $15.25. Summary: Technical indicators have turned bullish. BUY! STAMPS.COM
(STMP-Nasdaq) @ $16.88 Stop: Use a protective stop of $15.38.
STAMPS.COM is currently trading @ $16.75 plus $3.07 on Jul 30, 2011. Price Objective:
$23.50. Risk/Reward: $1.50 VS. $6.62. 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:
$23.50
Risk/Reward:
$1.50 VS. $6.62
Risk/Reward Ratio:
4:1
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