BUY! COMMERCE ONE INC (CMRC) Nasdaq

  Report No. 1126    Analysis by: Harry Aloof     SEPTEMBER 26, 2000

COMMERCE ONE INC (CMRC-Nasdaq): Technical Viewpoint: From a low of $48 5/8 on Aug 24, 2000 prices rallied, reaching a high of $78 1/8 on Sep 11, 2000. A decline saw prices pull back, reaching a low of $64.00 on Sep 18, 2000. Another rally saw prices penetrate resistance, closing 9/25/00 at $80 3/4. Technicals: Momentum Index (MTM): A Buy Alert! was given on Sep 22, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $70 1/2. Resistance: Is at $85 1/2. Point & Figure: Reversed to the upside on Sep 19, 2000. A P&F upside reversal takes place at $76 1/2. Summary: Technical indicators have turned bullish. BUY! COMMERCE ONE INC (CMRC-Nasdaq) @ $81 7/8 Stop: Use a protective stop of $79 1/8. COMMERCE ONE INC is currently trading @ $80 3/4 plus $5.00 on Sep 25, 2000. Price Objective: $106.00. Risk/Reward: $2 3/4 VS. $24 1/8. Today's Risk Reward Ratio: 9:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$106.00 Risk/Reward:
$2 3/4 VS. $24 1/8 Risk/Reward Ratio:
9:1
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