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NVIDIA CORPORATION
(NVDA-Nasdaq):
Technical Viewpoint: From a low
of $52.85 on Dec 3, 2001 prices
rallied, reaching a
high of $68.95
on Dec 17, 2001. A
decline saw prices pull back, reaching a
low of
$61.67 on Dec 20, 2001.
Another rally saw prices penetrate
resistance, closing 12/24/01
at $66.19. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 15, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $62.50. Resistance: Is at $68.75.
Point & Figure: Reversed to the upside on Dec 24, 2001. A P&F upside
reversal takes place at $63.75. Summary: Technical indicators have turned bullish. BUY! NVIDIA CORPORATION
(NVDA-Nasdaq) @ $66.63 Stop: Use a protective stop of $63.88.
NVIDIA CORPORATION is currently trading @ $66.19 plus $1.61 on Dec 24, 2001. Price Objective:
$102.00. Risk/Reward: $2.75 VS. $35.38. Today's Risk Reward Ratio: 13.1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$102.00
Risk/Reward:
$2.75 VS. $35.38
Risk/Reward Ratio:
13.1
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