APOLLO GROUP INC (APOL-NYSE): Technical Viewpoint: From a low of $42.46 on Jan 22, 2002 prices rallied, reaching a high of $47.08 on Feb 8, 2002. A decline saw prices pull back, reaching a low of $43.57 on Feb 19, 2002. Another rally saw prices penetrate resistance, closing 2/22/02 at $47.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 31, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $44.00. Resistance: Is at $47.90. Point & Figure: Reversed to the upside on Feb 20, 2002. A P&F upside reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC (APOL-NYSE) @ $47.63 Stop: Use a protective stop of $44.88. APOLLO GROUP INC is currently trading @ $47.38 plus $2.06 on Feb 22, 2002. Price Objective: $58.00. Risk/Reward: $2.75 VS. $10.38. Today's Risk Reward Ratio: 4:1