OXFORD HEALTH PLANS
(OXHP-Nasdaq):
Technical Viewpoint: From a low
of $26 5/8 on Sep 24, 2000 prices
rallied, reaching a
high of $35 5/8
on Oct 27, 2000. A
decline saw prices pull back, reaching a
low of
$32.19 on Nov 1, 2000.
Another rally saw prices penetrate
resistance, closing 11/10/00
at $37 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 27, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32 1/4. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 2, 2000. A P&F upside
reversal takes place at $35 1/4. Summary: Technical indicators have turned bullish. BUY! OXFORD HEALTH PLANS
(OXHP-Nasdaq) @ $37 7/8 Stop: Use a protective stop of $35 3/8.
OXFORD HEALTH PLANS is currently trading @ $37 3/8 plus $.94 on Nov 10, 2000. Price Objective:
$55.00. Risk/Reward: $2 1/2 VS. $17 1/8. Today's Risk Reward Ratio: 7:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$55.00
Risk/Reward:
$2 1/2 VS. $17 1/8
Risk/Reward Ratio:
7:1
|