BOISE CASCADE CORP
(BCC-NYSE):
Technical Viewpoint: From a low
of $26.31 on Mar 7, 2000 prices
rallied, reaching a
high of $35 7/8
on Mar 31, 2000. A
decline saw prices pull back, reaching a
low of
$30 1/8 on Apr 17, 2000.
Another rally saw prices penetrate
resistance, closing 5/10/00
at $36.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 28, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32 1/2. Resistance: Is at $37 3/4.
Point & Figure: Reversed to the upside on Apr 25, 2000. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! BOISE CASCADE CORP
(BCC-NYSE) @ $36 3/8 Stop: Use a protective stop of $33 5/8.
BOISE CASCADE CORP is currently trading @ $36.00 plus $2 5/8 on May 10, 2000. Price Objective:
$51.00. Risk/Reward: $2 3/4 VS. $14 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:
$51.00
Risk/Reward:
$2 3/4 VS. $14 5/8
Risk/Reward Ratio:
6:1
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