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MEDIMMUNE INC
(MEDI-Nasdaq):
Technical Viewpoint: From a low
of $41.96 on Apr 24, 2000 prices
rallied, reaching a
high of $58.19
on May 7, 2000. A
decline saw prices pull back, reaching a
low of
$43 7/8 on May 24, 2000.
Another rally saw prices penetrate
resistance, closing 6/6/00
at $64 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 16, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $55.00. Resistance: Is at $76 1/4.
Point & Figure: Reversed to the upside on May 30, 2000. A P&F upside
reversal takes place at $58.00. Summary: Technical indicators have turned bullish. BUY! MEDIMMUNE INC
(MEDI-Nasdaq) @ $65 1/8 Stop: Use a protective stop of $62 3/8.
MEDIMMUNE INC is currently trading @ $64 5/8 plus $4 5/8 on Jun 6, 2000. Price Objective:
$85.00. Risk/Reward: $2 3/4 VS. $19 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:
$85.00
Risk/Reward:
$2 3/4 VS. $19 7/8
Risk/Reward Ratio:
7:1
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