ASTROPOWER
(APWR-Nasdaq):
Technical Viewpoint: From a low
of $24.06 on Aug 18, 2000 prices
rallied, reaching a
high of $39 7/8
on Sep 1, 2000. A
decline saw prices pull back, reaching a
low of
$34.00 on Sep 8, 2000.
Another rally saw prices penetrate
resistance, closing 9/13/00
at $44.19. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 9, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $36.00. Resistance: Is at $46.00.
Point & Figure: Reversed to the upside on Sep 12, 2000. A P&F upside
reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! ASTROPOWER
(APWR-Nasdaq) @ $44 5/8 Stop: Use a protective stop of $41 7/8.
ASTROPOWER is currently trading @ $44.19 plus $7.06 on Sep 13, 2000. Price Objective:
$67 1/2. Risk/Reward: $2 3/4 VS. $22 7/8. Today's Risk Reward Ratio: 8:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$67 1/2
Risk/Reward:
$2 3/4 VS. $22 7/8
Risk/Reward Ratio:
8:1
|