FIRST DATA CORP
(FDC-NYSE):
Technical Viewpoint: From a low
of $77.15 on Feb 20, 2002 prices
rallied, reaching a
high of $86.78
on Mar 25, 2002. A
decline saw prices pull back, reaching a
low of
$82.00 on Mar 10, 2002.
Another rally saw prices penetrate
resistance, closing 4/9/02
at $89.38. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 28, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $85.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 8, 2002. A P&F upside
reversal takes place at $87.00. Summary: Technical indicators have turned bullish. BUY! FIRST DATA CORP
(FDC-NYSE) @ $89.88 Stop: Use a protective stop of $87.13.
FIRST DATA CORP is currently trading @ $89.38 plus $1.73 on Apr 9, 2002. Price Objective:
$108.00. Risk/Reward: $2.75 VS. $18.13. Today's Risk Reward Ratio: 6:1
|
Click here to view full size chart
|