ATMI CORP
(ATMI-Nasdaq):
Technical Viewpoint: From a low
of $24.92 on Feb 28, 2002 prices
rallied, reaching a
high of $32.63
on Mar 8, 2002. A
decline saw prices pull back, reaching a
low of
$29.55 on Mar 26, 2002.
Another rally saw prices penetrate
resistance, closing 4/17/02
at $33.17. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 4, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $30.00. Resistance: Is at $50.00.
Point & Figure: Reversed to the upside on Apr 15, 2002. A P&F upside
reversal takes place at $31.50. Summary: Technical indicators have turned bullish. BUY! ATMI CORP
(ATMI-Nasdaq) @ $33.25 Stop: Use a protective stop of $30.75.
ATMI CORP is currently trading @ $33.17 plus $1.37 on Apr 15, 2002. Price Objective:
$42.00. Risk/Reward: $2.50 VS. $8.75. Today's Risk Reward Ratio: 3:1
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