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MORGAN STANLEY
(MWD-NYSE):
Technical Viewpoint: From a low
of $78.38 on Jan 18, 2001 prices
rallied, reaching a
high of $89.06
on Jan 24, 2001. A
decline saw prices pull back, reaching a
low of
$80.38 on Jan 26, 2001.
Another rally saw prices penetrate
resistance, closing 2/1/01
at $89.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 26, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $85.00. Resistance: Is at $92.00.
Point & Figure: Reversed to the upside on Jan 30, 2001. A P&F upside
reversal takes place at $84.00. Summary: Technical indicators have turned bullish. BUY! MORGAN STANLEY
(MWD-NYSE) @ $89.81 Stop: Use a protective stop of $86.81.
MORGAN STANLEY is currently trading @ $89.80 plus $5.00 on Feb 1, 2001. Price Objective:
$111.00. Risk/Reward: $3.00 VS. $21.19. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$111.00
Risk/Reward:
$3.00 VS. $21.19
Risk/Reward Ratio:
7:1
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