ALTIRIS INC
(ATRS-Nasdaq):
Technical Viewpoint: From a low
of $28.49 on Nov 17, 2003 prices
rallied, reaching a
high of $35.40
on Dec 3, 2003. A
decline saw prices pull back, reaching a
low of
$30.72 on Dec 17, 2003.
Another rally saw prices penetrate
resistance, closing 12/31/03
at $36.48. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Dec 26, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $32.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Dec 18, 2003. A P&F upside
reversal takes place at $34.50. Summary: Technical indicators have turned bullish. BUY! ALTIRIS INC
(ATRS-Nasdaq) @ $37.38 Stop: Use a protective stop of $35.38.
ALTIRIS INC is currently trading @ $36.48 plus $1.66 on Dec 31, 2003. Price Objective:
$48.75. Risk/Reward: $2.00 VS. $11.37. Today's Risk Reward Ratio: 6:1
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