ROXIO INC
(ROXI-Nasdaq):
Technical Viewpoint: From a low
of $7.00 on Aug 8, 2003 prices
rallied, reaching a
high of $10.50
on Aug 29, 2003. A
decline saw prices pull back, reaching a
low of
$8.37 on Sep 16, 2003.
Another rally saw prices penetrate
resistance, closing 9/17/03
at $10.46. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 8, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $8.50. Resistance: Is at $13.78.
Point & Figure: Reversed to the upside on Sep 17, 2003. A P&F upside
reversal takes place at $9.75. Summary: Technical indicators have turned bullish. BUY! ROXIO INC
(ROXI-Nasdaq) @ $10.63 Stop: Use a protective stop of $9.13.
ROXIO INC is currently trading @ $10.46 plus $2.09 on Sep 17, 2003. Price Objective:
$20.25. Risk/Reward: $1.50 VS. $11.12. Today's Risk Reward Ratio: 7:1
|
Click here to view full size chart
|