POLARIS INDUSTRIES
(PII-NYSE):
Technical Viewpoint: From a low
of $61.40 on Apr 4, 2002 prices
rallied, reaching a
high of $73.60
on Apr 16, 2002. A
decline saw prices pull back, reaching a
low of
$69.47 on Apr 25, 2002.
Another rally saw prices penetrate
resistance, closing 4/29/02
at $75.65. 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 $69.60. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 26, 2002. A P&F upside
reversal takes place at $73.50. Summary: Technical indicators have turned bullish. BUY! POLARIS INDUSTRIES
(PII-NYSE) @ $75.88 Stop: Use a protective stop of $73.50.
POLARIS INDUSTRIES is currently trading @ $75.65 plus $1.84 on Apr 29, 2002. Price Objective:
$97.00. Risk/Reward: $2.38 VS. $21.13. Today's Risk Reward Ratio: 9:1
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