BUY! VERTEX PHARMACEUTICALS (VRTX) Nasdaq

  Report No. 1295    Analysis by: Harry Aloof     JUNE 5, 2001

VERTEX PHARMACEUTICALS (VRTX-Nasdaq): Technical Viewpoint: From a low of $30.80 on May 16, 2001 prices rallied, reaching a high of $46.65 on May 25, 2001. A decline saw prices pull back, reaching a low of $41.96 on May 30, 2001. Another rally saw prices penetrate resistance, closing 6/4/01 at $48.04. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on May 23, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $42.00. Resistance: Is at $49.00. Point & Figure: Reversed to the upside on Jun 1, 2001. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! VERTEX PHARMACEUTICALS (VRTX-Nasdaq) @ $48.38 Stop: Use a protective stop of $45.63. VERTEX PHARMACEUTICALS is currently trading @ $48.04 plus $3.61 on Jun 4, 2001. Price Objective: $57.00. Risk/Reward: $2.75 VS. $8.62. Today's Risk Reward Ratio: 3:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$57.00 Risk/Reward:
$2.75 VS. $8.62 Risk/Reward Ratio:
3:1
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