HANDSPRING INC
(HAND-Nasdaq):
Technical Viewpoint: From a low
of $48 1/2 on Oct 4, 2000 prices
rallied, reaching a
high of $99.31
on Oct 19, 2000. A
decline saw prices pull back, reaching a
low of
$66.00 on Nov 1, 2000.
Another rally saw prices penetrate
resistance, closing 11/7/00
at $90.00. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Nov 2, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $82 1/2. Resistance: Is at $92 1/2.
Point & Figure: Reversed to the upside on Nov 7, 2000. A P&F upside
reversal takes place at $82 1/2. Summary: Technical indicators have turned bullish. BUY! HANDSPRING INC
(HAND-Nasdaq) @ $90 1/8 Stop: Use a protective stop of $87 1/4.
HANDSPRING INC is currently trading @ $90.00 plus $6 5/8 on Nov 7, 2000. Price Objective:
$138.00. Risk/Reward: $2 7/8 VS. $47 7/8. Today's Risk Reward Ratio: 17:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$138.00
Risk/Reward:
$2 7/8 VS. $47 7/8
Risk/Reward Ratio:
17:1
|