ADVANCED FIBRE COMMUN
(AFCI-Nasdaq):
Technical Viewpoint: From a low
of $32 7/8 on Jan 7, 2000 prices
rallied, reaching a
high of $43 3/4
on Jan 21, 2000. A
decline saw prices pull back, reaching a
low of
$31 1/2 on Feb 1, 2000.
Another rally saw prices penetrate
resistance, closing 2/4/00
at $42.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 4, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $38 1/2. Resistance: Is at $46.00.
Point & Figure: Reversed to the upside on Feb 2, 2000. A P&F upside
reversal takes place at $40.00. Summary: Technical indicators have turned bullish. BUY! ADVANCED FIBRE COMMUN
(AFCI-Nasdaq) @ $43 1/8 Stop: Use a protective stop of $40 3/8.
ADVANCED FIBRE COMMUN is currently trading @ $42.94 plus $4 3/4 on Feb 4, 2000. Price Objective:
$59 3/4. Risk/Reward: $2 3/4 VS. $16 5/8. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$59 3/4
Risk/Reward:
$2 3/4 VS. $16 5/8
Risk/Reward Ratio:
6:1
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