GENESEE & WYOMING INC
(GWR-NYSE):
Technical Viewpoint: From a low
of $29.38 on Oct 20, 2005 prices
rallied, reaching a
high of $35.17
on Nov 2, 2005. A
decline saw prices pull back, reaching a
low of
$32.50 on Nov 16, 2005.
Another rally saw prices penetrate
resistance, closing 12/9/05
at $35.33. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Dec 9, 2005 when the solid line crossed the dotted line to the upside.
Support: Remains at $29.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 16, 2005. A P&F upside
reversal takes place at $32.00. Summary: Technical indicators have turned bullish. BUY! GENESEE & WYOMING INC
(GWR-NYSE) @ $35.63 Stop: Use a protective stop of $33.63.
GENESEE & WYOMING INC is currently trading @ $35.33 plus $1.57 on Dec 9, 2005. Price Objective:
$43.50. Risk/Reward: $2.00 VS. $7.87. Today's Risk Reward Ratio: 4:1
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