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GENERAL DYNAMICS CORP
(GD-NYSE):
Technical Viewpoint: From a low
of $77.50 on Sep 21, 2001 prices
rallied, reaching a
high of $90.24
on Sep 28, 2001. A
decline saw prices pull back, reaching a
low of
$86.20 on Oct 2, 2001.
Another rally saw prices penetrate
resistance, closing 10/4/01
at $91.48. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 4, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $90.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 21, 2001. A P&F upside
reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! GENERAL DYNAMICS CORP
(GD-NYSE) @ $92.63 Stop: Use a protective stop of $89.75.
GENERAL DYNAMICS CORP is currently trading @ $91.48 plus $1.65 on Oct 4, 2001. Price Objective:
$106.00. Risk/Reward: $2.88 VS. $13.38. Today's Risk Reward Ratio: 5:1
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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:
$2.88 VS. $13.38
Risk/Reward Ratio:
5:1
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