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ALLIANT TECHSYSTEMS INC
(ATK-NYSE):
Technical Viewpoint: From a low
of $64.56 on Sep 10, 2001 prices
rallied, reaching a
high of $87.00
on Sep 19, 2001. A
decline saw prices pull back, reaching a
low of
$74.99 on Sep 19, 2001.
Another rally saw prices penetrate
resistance, closing 9/25/01
at $84.79. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 20, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $79.00. Resistance: Is at $87.00.
Point & Figure: Reversed to the upside on Sep 25, 2001. A P&F upside
reversal takes place at $82.00. Summary: Technical indicators have turned bullish. BUY! ALLIANT TECHSYSTEMS INC
(ATK-NYSE) @ $85.50 Stop: Use a protective stop of $82.50.
ALLIANT TECHSYSTEMS INC is currently trading @ $84.79 plus $4.79 on Sep 25, 2001. Price Objective:
$97.50. Risk/Reward: $3.00 VS. $12.00. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$97.50
Risk/Reward:
$3.00 VS. $12.00
Risk/Reward Ratio:
4:1
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