* Today's Sector Analysis: "Metals & Mining " Institutional Technical Viewpoint
Buy Alert! Merchel Steel Group  (MTL): $101.38 Stop.  $98.63 P-Stop  $118.00 P-Objective
Dow Jones Ind: 12,103.37 minus 64.87 points Feb 8, 2008 * Price Objective: 14,000    Volume Two No. 2263

PETROLEUM DEVELOPMENT CP (PETD-Nasdaq): Technical Viewpoint: From a low of $47.96 on Nov 27, 2007 prices rallied, reaching a high of $61.91 on Dec 26, 2007. A decline saw prices pull back, reaching a low of $50.75 on Jan 23, 2008. Another rally saw prices penetrate resistance, closing 2/8/08 at $67.92. Technicals: MACD Index (MACD): A Buy Alert! was given on Feb 4, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $59.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Feb 8, 2008. A P&F upside reversal takes place at $65.00. Summary: Technical indicators have turned bullish. BUY! PETROLEUM DEVELOPMENT CP (PETD-Nasdaq) @ $68.25 Stop: Use a protective stop of $65.75. PETROLEUM DEVELOPMENT CP is currently trading @ $67.92 plus $5.26 on Feb 8, 2008. Price Objective: $79.50. Risk/Reward: $2.50 VS. $11.25. 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