GENERAL DYNAMICS CORP
(GD-NYSE):
Technical Viewpoint: From a low
of $75.10 on Sep 10, 2001 prices
rallied, reaching a
high of $80.77
on Sep 17, 2001. A
decline saw prices pull back, reaching a
low of
$77.50 on Sep 21, 2001.
Another rally saw prices penetrate
resistance, closing 9/27/01
at $89.60. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 21, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $87.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 27, 2001. A P&F upside
reversal takes place at $87.00. Summary: Technical indicators have turned bullish. BUY! GENERAL DYNAMICS CORP
(GD-NYSE) @ $89.88 Stop: Use a protective stop of $86.88.
GENERAL DYNAMICS CORP is currently trading @ $89.60 plus $4.21 on Sep 27, 2001. Price Objective:
$106.00. Risk/Reward: $3.00 VS. $18.75. 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:
$106.00
Risk/Reward:
$3.00 VS. $18.75
Risk/Reward Ratio:
6:1
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