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INTERNAT'L GAME TECHNOL
(IGT-NYSE):
Technical Viewpoint: From a low
of $53.19 on May 15, 2001 prices
rallied, reaching a
high of $63.50
on May 22, 2001. A
decline saw prices pull back, reaching a
low of
$59.12 on May 30, 2001.
Another rally saw prices penetrate
resistance, closing 6/6/01
at $65.31. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 11, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $61.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 31, 2001. A P&F upside
reversal takes place at $63.00. Summary: Technical indicators have turned bullish. BUY! INTERNAT'L GAME TECHNOL
(IGT-NYSE) @ $65.50 Stop: Use a protective stop of $52.62.
INTERNAT'L GAME TECHNOL is currently trading @ $65.31 plus $.95 on Jun 6, 2001. Price Objective:
$82.50. Risk/Reward: $2.88 VS. $17.00. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$82.50
Risk/Reward:
$2.88 VS. $17.00
Risk/Reward Ratio:
6:1
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