|
SPRINT CORP PCS GROUP
(PCS-NYSE):
Technical Viewpoint: From a low
of $19.33 on Jun 18, 2001 prices
rallied, reaching a
high of $23.95
on Jul 3, 2001. A
decline saw prices pull back, reaching a
low of
$22.70 on Jul 11, 2001.
Another rally saw prices penetrate
resistance, closing 7/27/01
at $26.90. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 29, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $24.25. Resistance: Is at $27.50.
Point & Figure: Reversed to the upside on Jul 6, 2001. A P&F upside
reversal takes place at $24.75. Summary: Technical indicators have turned bullish. BUY! SPRINT CORP PCS GROUP
(PCS-NYSE) @ $27.12 Stop: Use a protective stop of $25.12.
SPRINT CORP PCS GROUP is currently trading @ $26.90 plus $1.90 on Jul 27, 2001. Price Objective:
$35.50. Risk/Reward: $2.00 VS. $11.25. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$35.50
Risk/Reward:
$2.00 VS. $11.25
Risk/Reward Ratio:
5:1
|
