SUNGARD DATA SYSTEMS
(SDS-NYSE):
Technical Viewpoint: From a low
of $41 5/8 on Oct 18, 2000 prices
rallied, reaching a
high of $52.00
on Oct 31, 2000. A
decline saw prices pull back, reaching a
low of
$45.06 on Nov 17, 2000.
Another rally saw prices penetrate
resistance, closing 11/29/00
at $51 3/8. Technicals: MACD Index (MACD): A Buy Alert!
was given on Nov 29, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $50.00. Resistance: Is at $52.00.
Point & Figure: Reversed to the upside on Nov 20, 2000. A P&F upside
reversal takes place at $50.00. Summary: Technical indicators have turned bullish. BUY! SUNGARD DATA SYSTEMS
(SDS-NYSE) @ $51 7/8 Stop: Use a protective stop of $49 1/4.
SUNGARD DATA SYSTEMS is currently trading @ $51 3/8 plus $2.00 on Nov 29, 2000. Price Objective:
$66 1/4. Risk/Reward: $2 5/8 VS. $14 3/8. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$66 1/4
Risk/Reward:
$2 5/8 VS. $14 3/8
Risk/Reward Ratio:
5:1
|