AGCO CORPORATION
(AG-NYSE):
Technical Viewpoint: From a low
of $10.26 on Oct 25, 2001 prices
rallied, reaching a
high of $13.90
on Nov 9, 2001. A
decline saw prices pull back, reaching a
low of
$12.56 on Nov 20, 2001.
Another rally saw prices penetrate
resistance, closing 11/28/01
at $14.25. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 17, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $13.38. Resistance: Is at $14.50.
Point & Figure: Reversed to the upside on Nov 28, 2001. A P&F upside
reversal takes place at $13.50. Summary: Technical indicators have turned bullish. BUY! AGCO CORPORATION
(AG-NYSE) @ $14.38 Stop: Use a protective stop of $12.88.
AGCO CORPORATION is currently trading @ $14.25 plus $0.93 on Nov 28, 2001. Price Objective:
$20.00. Risk/Reward: $1.50 VS. $5.62. 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:
$20.00
Risk/Reward:
$1.50 VS. $5.62
Risk/Reward Ratio:
4:1
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