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TYCO INT'L LTD
(TYC-NYSE):
Technical Viewpoint: From a low
of $22 1/2 on Dec 9, 1999 prices
rallied, reaching a
high of $39.94
on Jan 3, 2000. A
decline saw prices pull back, reaching a
low of
$32.00 on Jan 12, 2000.
Another rally saw prices penetrate
resistance, closing 1/27/00
at $42 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 18, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $39 1/2. Resistance: Is at $45.00.
Point & Figure: Reversed to the upside on Jan 26, 2000. A P&F upside
reversal takes place at $40 1/2. Summary: Technical indicators have turned bullish. BUY! TYCO INT'L LTD
(TYC-NYSE) @ $43 1/4 Stop: Use a protective stop of $40 1/2.
TYCO INT'L LTD is currently trading @ $42 5/8 plus $3 5/8 on Jan 27, 2000. Price Objective:
$58 7/8. Risk/Reward: $2 3/4 VS. $15 5/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$58 7/8
Risk/Reward:
$2 3/4 VS. $15 5/8
Risk/Reward Ratio:
5:1
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