SNAP-ON (SNA-NYSE): Technical Viewpoint: From a low of $28.86 on May 15, 2009 prices rallied, reaching a high of $33.42 on Jun 2, 2009. A decline saw prices pull back, reaching a low of $26.03 on Jul 8, 2009. Another rally saw prices penetrate resistance, closing 7/31/09 at $35.63. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 17, 2009 when the solid line crossed the dotted line to the upside. Support: Remains at $32.28. Resistance: Is at $36.50. Point & Figure: Reversed to the upside on Jul 15, 2009. A P&F upside reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! Snap-On (SNA-NYSE) @ $38.88 Stop: Use a protective stop of $36.88. Snap-On is currently trading @ $35.63 plus $2.40 on Jul 31, 2009. Price Objective: $49.50. Risk/Reward: $2.00 VS. $10.62. Today's Risk Reward Ratio: 5:1