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GOLD FIELDS LTD
(GFI-NYSE):
Technical Viewpoint: From a low
of $14.43 on Aug 5, 2011 prices
rallied, reaching a
high of $17.46
on Aug 22, 2011. A
decline saw prices pull back, reaching a
low of
$15.46 on Aug 25, 2011.
Another rally saw prices penetrate
resistance, closing 9/9/11
at $17.23. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 9, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $15.50. Resistance: Is at $17.46.
Point & Figure: Reversed to the upside on Sep 9, 2011. A P&F upside
reversal takes place at $15.50. Summary: Technical indicators have turned bullish. BUY! GOLD FIELDS LTD
(GFI-NYSE) @ $17.38 Stop: Use a protective stop of $15.88.
GOLD FIELDS LTD is currently trading @ $17.23 plus $0.61 on Sep 9, 2011. Price Objective:
$22.50. Risk/Reward: $1.50 VS. $5.12. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$22.50
Risk/Reward:
$1.50 VS. $5.12
Risk/Reward Ratio:
3:1
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