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NVIDIA CORP
(NVDA-Nasdaq):
Technical Viewpoint: From a low
of $39 1/2 on Jan 6, 2000 prices
rallied, reaching a
high of $48 1/4
on Jan 20, 2000. A
decline saw prices pull back, reaching a
low of
$35.00 on Jan 31, 2000.
Another rally saw prices penetrate
resistance, closing 2/18/00
at $67 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 10, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $54.00. Resistance: Is at $72.00.
Point & Figure: Reversed to the upside on Feb 16, 2000. A P&F upside
reversal takes place at $63 3/4. Summary: Technical indicators have turned bullish. BUY! NVIDIA CORP
(NVDA-Nasdaq) @ $68 3/8 Stop: Use a protective stop of $65 1/4.
NVIDIA CORP is currently trading @ $67 3/8 plus $7.00 on Feb 18, 2000. Price Objective:
$78.00. Risk/Reward: $3 1/8 VS. $9 5/8. 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:
$78.00
Risk/Reward:
$3 1/8 VS. $9 5/8
Risk/Reward Ratio:
3:1
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