VIISAGE TECHNOLOGY
(VISG-Nasdaq):
Technical Viewpoint: From a low
of $8.53 on Nov 12, 2001 prices
rallied, reaching a
high of $12.00
on Nov 20, 2001. A
decline saw prices pull back, reaching a
low of
$8.78 on Nov 29, 2001.
Another rally saw prices penetrate
resistance, closing 12/10/01
at $13.57. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 10, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $9.50. Resistance: Is at $14.60.
Point & Figure: Reversed to the upside on Dec 10, 2001. A P&F upside
reversal takes place at $12.00. Summary: Technical indicators have turned bullish. BUY! VIISAGE TECHNOLOGY
(VISG-Nasdaq) @ $13.75 Stop: Use a protective stop of $12.25.
VIISAGE TECHNOLOGY is currently trading @ $13.57 plus $3.10 on Dec 10, 2001. Price Objective:
$25.00. Risk/Reward: $1.50 VS. $11.25. 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:
$25.00
Risk/Reward:
$1.50 VS. $11.25
Risk/Reward Ratio:
7:1
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