|
CELESTICA INC
(CLS-NYSE):
Technical Viewpoint: From a low
of $24.00 on Apr 4, 2001 prices
rallied, reaching a
high of $50.00
on Apr 19, 2001. A
decline saw prices pull back, reaching a
low of
$41.57 on Apr 24, 2001.
Another rally saw prices penetrate
resistance, closing 4/30/01
at $51.10. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 20, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $42.00. Resistance: Is at $54.00.
Point & Figure: Reversed to the upside on Apr 25, 2001. A P&F upside
reversal takes place at $46.50. Summary: Technical indicators have turned bullish. BUY! CELESTICA INC
(CLS-NYSE) @ $51.75 Stop: Use a protective stop of $48.87.
CELESTICA INC is currently trading @ $51.10 plus $2.95 on Apr 30, 2001. Price Objective:
$67.50. Risk/Reward: $2.87 VS. $15.75. 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:
$67.50
Risk/Reward:
$2.87 VS. $15.75
Risk/Reward Ratio:
5:1
|
