ROGERS CORP
(ROG-NYSE):
Technical Viewpoint: From a low
of $44.32 on Jan 25, 2006 prices
rallied, reaching a
high of $48.80
on Feb 14, 2006. A
decline saw prices pull back, reaching a
low of
$46.50 on Feb 23, 2006.
Another rally saw prices penetrate
resistance, closing 3/3/06
at $53.16. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 3, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $48.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 10, 2006. A P&F upside
reversal takes place at $50.00. Summary: Technical indicators have turned bullish. BUY! ROGERS CORP
(ROG-NYSE) @ $53.75 Stop: Use a protective stop of $51.25.
ROGERS CORP is currently trading @ $53.16 plus $3.83 on Mar 3, 2006. Price Objective:
$64.00. Risk/Reward: $2.50 VS. $10.25. Today's Risk Reward Ratio: 4:1
|
Click here to view full size chart
|