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TMP WORLDWIDE INC
(TMPW-Nasdaq):
Technical Viewpoint: From a low
of $29.40 on Oct 19, 2001 prices
rallied, reaching a
high of $37.09
on Oct 25, 2001. A
decline saw prices pull back, reaching a
low of
$26.85 on Nov 1, 2001.
Another rally saw prices penetrate
resistance, closing 11/13/01
at $36.02. Technicals: RSI Index (RSI): A Buy Alert!
was given on Nov 5, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $31.00. Resistance: Is at $37.00.
Point & Figure: Reversed to the upside on Nov 13, 2001. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! TMP WORLDWIDE INC
(TMPW-Nasdaq) @ $36.13 Stop: Use a protective stop of $33.50.
TMP WORLDWIDE INC is currently trading @ $36.02 plus $3.77 on Nov 13, 2001. Price Objective:
$54.00. Risk/Reward: $2.63 VS. $17.88. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$54.00
Risk/Reward:
$2.63 VS. $17.88
Risk/Reward Ratio:
7:1
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