APOLLO GROUP INC (APOL-Nasdaq): Technical Viewpoint: From a low of $37.25 on Oct 4, 2002 prices rallied, reaching a high of $44.36 on Nov 25, 2002. A decline saw prices pull back, reaching a low of $39.97 on Dec 13, 2002. Another rally saw prices penetrate resistance, closing 1/2/03 at $45.26. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 19, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $42.63. Resistance: Is at $45.46. Point & Figure: Reversed to the upside on Dec 18, 2002. A P&F upside reversal takes place at $42.00. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC (APOL-Nasdaq) @ $45.38 Stop: Use a protective stop of $43.38. APOLLO GROUP INC is currently trading @ $45.26 plus $1.36 on Jan 2, 2003. Price Objective: $56.00. Risk/Reward: $2.00 VS. $10.63. Today's Risk Reward Ratio: 5:1