INVISION TECHNOLOGIES
(INVN-Nasdaq):
Technical Viewpoint: From a low
of $25.75 on Jan 11, 2002 prices
rallied, reaching a
high of $39.19
on Jan 24, 2002. A
decline saw prices pull back, reaching a
low of
$35.11 on Jan 29, 2002.
Another rally saw prices penetrate
resistance, closing 2/4/02
at $43.34. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 18, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $36.50. Resistance: Is at $47.09.
Point & Figure: Reversed to the upside on Jan 31, 2002. A P&F upside
reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! INVISION TECHNOLOGIES
(INVN-Nasdaq) @ $44.63 Stop: Use a protective stop of $41.88.
INVISION TECHNOLOGIES is currently trading @ $43.34 plus $1.35 on Feb 4, 2002. Price Objective:
$61.50. Risk/Reward: $2.75 VS. $16.88. Today's Risk Reward Ratio: 6:1
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