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EXTREME NETWORKS
(EXTR-Nasdaq):
Technical Viewpoint: From a low
of $58 7/8 on Aug 3, 2000 prices
rallied, reaching a
high of $100 1/8
on Sep 5, 2000. A
decline saw prices pull back, reaching a
low of
$73.00 on Sep 13, 2000.
Another rally saw prices penetrate
resistance, closing 9/19/00
at $104 1/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 19, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $95.00. Resistance: Is at $111.00.
Point & Figure: Reversed to the upside on Sep 18, 2000. A P&F upside
reversal takes place at $98.00. Summary: Technical indicators have turned bullish. BUY! EXTREME NETWORKS
(EXTR-Nasdaq) @ $105 1/8 Stop: Use a protective stop of $101 7/8.
EXTREME NETWORKS is currently trading @ $104 1/8 plus $12.08 on Sep 19, 2000. Price Objective:
$134.00. Risk/Reward: $3 1/4 VS. $28 7/8. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$134.00
Risk/Reward:
$3 1/4 VS. $28 7/8
Risk/Reward Ratio:
9:1
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