GENUINE PARTS CO (GPC-NYSE): Technical Viewpoint: From a low of $38.66 on Jun 6, 2010 prices rallied, reaching a high of $42.25 on Jun 21, 2010. A decline saw prices pull back, reaching a low of $38.81 on Jul 1, 2010. Another rally saw prices penetrate resistance, closing 7/16/10 at $43.23. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 16, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $42.25. Resistance: Is at $43.70. Point & Figure: Reversed to the upside on Jul 9, 2010. A P&F upside reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! GENUINE PARTS CO (GPC-NYSE) @ $43.50 Stop: Use a protective stop of $41.50. GENUINE PARTS CO is currently trading @ $43.23 plus $1.08 on Jul 16, 2010. Price Objective: $55.00. Risk/Reward: $2.00 VS. $11.50. Today's Risk Reward Ratio: 6:1