RUBBERMAID INC
(RBD-NYSE):
Technical Viewpoint: From a low
of $26 7/8 on Dec 11, 1998 prices
rallied, reaching a
high of $32.94
on Jan 4, 1999. A
decline saw prices pull back, reaching a
low of
$27 3/4 on Jan 22, 1999.
Another rally saw prices penetrate
resistance, closing 2/10/99
at $35 1/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 2, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $31 1/4. Resistance: Is at $35 3/8.
Point & Figure: Reversed to the upside on Jan 26, 1999. A P&F upside
reversal takes place at $32 1/4. Summary: Technical indicators have turned bullish. BUY! RUBBERMAID INC
(RBD-NYSE) @ $35 1/4 Stop: Use a protective stop of $33 1/2.
RUBBERMAID INC is currently trading @ $35 1/8 plus $1 1/4 on Feb 11, 1999. Price Objective:
$58.00. Risk/Reward: $1 3/4 VS. $22 3/4. Today's Risk Reward Ratio: 13:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$58.00
Risk/Reward:
$1 3/4 VS. $22 3/4
Risk/Reward Ratio:
13:1
|