APOLLO GROUP INC (APOL-Nasdaq): Technical Viewpoint: From a low of $33.50 on Jun 4, 2002 prices rallied, reaching a high of $39.98 on Jun 28, 2002. A decline saw prices pull back, reaching a low of $30.60 on Jul 22, 2002. Another rally saw prices penetrate resistance, closing 8/15/02 at $41.19. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 30, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $39.38. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Aug 15, 2002. A P&F upside reversal takes place at $40. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC (APOL-Nasdaq) @ $41.63 Stop: Use a protective stop of $39.63. APOLLO GROUP INC is currently trading @ $41.19 plus $2.12 on Aug 15, 2002. Price Objective: $52.00. Risk/Reward: $2.00 VS. $10.38. Today's Risk Reward Ratio: 5:1