LAN AIRLINES (LFL-NYSE): Technical Viewpoint: From a low of $17.03 on May 25, 2010 prices rallied, reaching a high of $20.00 on Jun 21, 2010. A decline saw prices pull back, reaching a low of $18.14 on Jul 1, 2010. Another rally saw prices penetrate resistance, closing 8/13/10 at $27.20. Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 10, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $24.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Aug 13, 2010. A P&F upside reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! LAN AIRLINES (LFL-NYSE) @ $27.38 Stop: Use a protective stop of $25.38. LAN AIRLINES is currently trading @ $27.20 plus $2.16 on Aug 13, 2010. Price Objective: $37.50. Risk/Reward: $2.00 VS. $10.12. Today's Risk Reward Ratio: 5:1