NAT'L SEMICONDUCTOR
(NSM-NYSE):
Technical Viewpoint: From a low
of $40.56 on Dec 15, 1999 prices
rallied, reaching a
high of $46 7/8
on Dec 22, 1999. A
decline saw prices pull back, reaching a
low of
$39 1/8 on Jan 6, 2000.
Another rally saw prices penetrate
resistance, closing 1/10/00
at $48 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 4, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $43.00. Resistance: Is at $51 7/8.
Point & Figure: Reversed to the upside on Jan 7, 2000. A P&F upside
reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! Nat'l Semiconductor
(NSM-NYSE) @ $49 1/8 Stop: Use a protective stop of $46 1/2.
Nat'l Semiconductor is currently trading @ $48 3/8 plus $5 3/8 on Jan 10, 2000. Price Objective:
$67.00. Risk/Reward: $2 5/8 VS. $17 7/8. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$67.00
Risk/Reward:
$2 5/8 VS. $17 7/8
Risk/Reward Ratio:
7:1
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