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BAXTER INTERNATIONAL
(BAX-NYSE):
Technical Viewpoint: From a low
of $85.54 on Feb 15, 2001 prices
rallied, reaching a
high of $95.20
on Mar 5, 2001. A
decline saw prices pull back, reaching a
low of
$85.01 on Mar 22, 2001.
Another rally saw prices penetrate
resistance, closing 3/28/01
at $92.67. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 28, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $89.62. Resistance: Is at $93.50.
Point & Figure: Reversed to the upside on Mar 23, 2001. A P&F upside
reversal takes place at $91.50. Summary: Technical indicators have turned bullish. BUY! Baxter International
(BAX-NYSE) @ $93.25 Stop: Use a protective stop of $90.38.
Baxter International is currently trading @ $92.67 plus $2.32 on Mar 28, 2001. Price Objective:
$108.00. Risk/Reward: $2.87 VS. $11.75. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$108.00
Risk/Reward:
$2.87 VS. $11.75
Risk/Reward Ratio:
4:1
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