* Today's Sector Analysis: "Health Services " Institutional Technical Viewpoint
Buy Alert! Dolby Laboratories  (DLB): $31.13 Stop.  $29.13 P-Stop  $39.50 P-Objective
Dow Jones Ind: 12,307.49 plus 29.08 points Dec 8, 2006 * Price Objective: 12,700    Volume Two No. 2201

BIOMET INC (BMET-Nasdaq): Technical Viewpoint: From a low of $32.76 on Sep 17, 2006 prices rallied, reaching a high of $39.25 on Nov 10, 2006. A decline saw prices pull back, reaching a low of $36.91 on Nov 28, 2006. Another rally saw prices penetrate resistance, closing 12/8/06 at $39.90. Technicals: MACD Index (MACD): A Buy Alert! was given on Dec 9, 2006 when the solid line crossed the dotted line to the upside. Support: Remains at $39.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Oct 23, 2006. A P&F upside reversal takes place at $37.00. Summary: Technical indicators have turned bullish. BUY! BIOMET INC (BMET-Nasdaq) @ $40.13 Stop: Use a protective stop of $38.13. BIOMET INC is currently trading @ $39.90 plus $1.17 on Dec 8, 2006. Price Objective: $49.50. Risk/Reward: $2.00 VS. $9.37. Today's Risk Reward Ratio: 5:1


Click here to view full size chart

5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com