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NVIDIA CORPORATION
(NVDA-Nasdaq):
Technical Viewpoint: From a low
of $67.26 on Jul 24, 2001 prices
rallied, reaching a
high of $90.72
on Aug 6, 2001. A
decline saw prices pull back, reaching a
low of
$82.10 on Aug 10, 2001.
Another rally saw prices penetrate
resistance, closing 8/16/01
at $89.57. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 6, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $82.50. Resistance: Is at $90.00.
Point & Figure: Reversed to the upside on Aug 13, 2001. A P&F upside
reversal takes place at $84.00. Summary: Technical indicators have turned bullish. BUY! NVIDIA CORPORATION
(NVDA-Nasdaq) @ $89.75 Stop: Use a protective stop of $84.00.
NVIDIA CORPORATION is currently trading @ $89.57 plus $3.62 on Aug 16, 2001. Price Objective:
$124.00. Risk/Reward: $3.00 VS. $34.25. Today's Risk Reward Ratio: 11:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$124.00
Risk/Reward:
$3.00 VS. $34.25
Risk/Reward Ratio:
11:1
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