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LINCARE HOLDINGS
(LNCR-Nasdaq):
Technical Viewpoint: From a high
of $24 1/2 on Apr 17, 2000 prices
declined, reaching a
low of $31 3/8
on May 1, 2000. A
rally saw prices pull back, reaching a
high of
$28.00 on May 10, 2000.
Another decline saw prices penetrate
support, closing 5/26/00
at $34 3/4. Technicals: MACD-Histogram (MACD-H): A Sell Alert!
was given on Mar 31, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32.00. Resistance: Is at $37 3/8.
Point & Figure: Reversed to the downside on May 15, 2000. A P&F downside
reversal takes place at $32 1/4. Summary: Technical indicators have turned bearish. SELL! LINCARE HOLDINGS
(LNCR-Nasdaq) @ $35 1/8 Stop: Use a protective stop of $32 1/2.
LINCARE HOLDINGS is currently trading @ $34 3/4 minus $1 1/2 on May 26, 2000. Price Objective:
$45.00. Risk/Reward: $2 5/8 VS. $9 7/8. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$45.00
Risk/Reward:
$2 5/8 VS. $9 7/8
Risk/Reward Ratio:
4:1
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