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AOL TIME WARNER
(AOL-NYSE):
Technical Viewpoint: From a low
of $33.46 on Apr 3, 2001 prices
rallied, reaching a
high of $58.51
on May 22, 2001. A
decline saw prices pull back, reaching a
low of
$48.00 on Jun 15, 2001.
Another rally saw prices penetrate
resistance, closing 6/21/01
at $55.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 21, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $50.75. Resistance: Is at $58.51.
Point & Figure: Reversed to the upside on Jun 20, 2001. A P&F upside
reversal takes place at $52.50. Summary: Technical indicators have turned bullish. BUY! AOL TIME WARNER
(AOL-NYSE) @ $55.12 Stop: Use a protective stop of $52.50.
AOL TIME WARNER is currently trading @ $55.00 plus $2.20 on Jun 21, 2001. Price Objective:
$75.00. Risk/Reward: $2.62 VS. $19.88. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$75.00
Risk/Reward:
$2.62 VS. $19.88
Risk/Reward Ratio:
7:1
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