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CHINA.COM CORP
(CHINA-Nasdaq):
Technical Viewpoint: From a low
of $65.00 on Dec 31, 1999 prices
rallied, reaching a
high of $96 1/2
on Jan 21, 2000. A
decline saw prices pull back, reaching a
low of
$77 1/2 on Jan 31, 2000.
Another rally saw prices penetrate
resistance, closing 2/15/00
at $125.00. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 9, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $113.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 15, 2000. A P&F upside
reversal takes place at $117.00. Summary: Technical indicators have turned bullish. BUY! CHINA.COM CORP
(CHINA-Nasdaq) @ $128 1/8 Stop: Use a protective stop of $124 3/4.
CHINA.COM CORP is currently trading @ $125.00 plus $25.00 on Feb 15, 2000. Price Objective:
$152.00. Risk/Reward: $3 3/8 VS. $23 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:
$152.00
Risk/Reward:
$3 3/8 VS. $23 7/8
Risk/Reward Ratio:
7:1
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