|
ELECTRONIC DATA SYSTEMS
(EDS-NYSE):
Technical Viewpoint: From a low
of $54.65 on Jan 30, 2001 prices
rallied, reaching a
high of $65.50
on Feb 14, 2001. A
decline saw prices pull back, reaching a
low of
$60.13 on Feb 23, 2001.
Another rally saw prices penetrate
resistance, closing 3/2/01
at $66.45. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 3, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $61.00. Resistance: Is at $69.00.
Point & Figure: Reversed to the upside on Feb 28, 2001. A P&F upside
reversal takes place at $64.50. Summary: Technical indicators have turned bullish. BUY! ELECTRONIC DATA SYSTEMS
(EDS-NYSE) @ $67.50 Stop: Use a protective stop of $64.75.
ELECTRONIC DATA SYSTEMS is currently trading @ $66.45 plus $1.86 on Mar 2, 2001. Price Objective:
$84.00. Risk/Reward: $2.75 VS. $16.50. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$84.00
Risk/Reward:
$2.75 VS. $16.50
Risk/Reward Ratio:
6:1
|
