WEBSENSE INCORPORATED
(WBSN-Nasdaq):
Technical Viewpoint: From a low
of $52.42 on Oct 13, 2005 prices
rallied, reaching a
high of $62.30
on Nov 3, 2005. A
decline saw prices pull back, reaching a
low of
$57.78 on Nov 8, 2005.
Another rally saw prices penetrate
resistance, closing 11/11/05
at $63.10. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 11, 2005 when the Histogram crossed the "0" line to the upside.
Support: Remains at $58.15. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 11, 2005. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! WEBSENSE INCORPORATED
(WBSN-Nasdaq) @ $63.75 Stop: Use a protective stop of $61.25.
WEBSENSE INCORPORATED is currently trading @ $63.10 plus $4.10 on Nov 11, 2005. Price Objective:
$76.00. Risk/Reward: $2.50 VS. $12.25. Today's Risk Reward Ratio: 5:1
|
Click here to view full size chart
|