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RAYTHEON COMPANY
(RTN-NYSE):
Technical Viewpoint: From a low
of $25.24 on Mar 22, 2001 prices
rallied, reaching a
high of $32.95
on Apr 18, 2001. A
decline saw prices pull back, reaching a
low of
$27.10 on May 4, 2001.
Another rally saw prices penetrate
resistance, closing 6/2/01
at $30.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 12, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $28.75. Resistance: Is at $32.95.
Point & Figure: Reversed to the upside on May 30, 2001. A P&F upside
reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! RAYTHEON COMPANY
(RTN-NYSE) @ $31.12 Stop: Use a protective stop of $28.87.
RAYTHEON COMPANY is currently trading @ $30.80 plus $1.11 on Jun 12, 2001. Price Objective:
$44.00. Risk/Reward: $2.25 VS. $12.88. 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:
$44.00
Risk/Reward:
$2.25 VS. $12.88
Risk/Reward Ratio:
6:1
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