BROADVISION INC
(BVSN-Nasdaq):
Technical Viewpoint: From a low
of $25 1/4 on Apr 17, 2000 prices
rallied, reaching a
high of $50 1/2
on May 19, 2000. A
decline saw prices pull back, reaching a
low of
$30.06 on May 24, 2000.
Another rally saw prices penetrate
resistance, closing 6/1/00
at $43 1/2. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 1, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $32 1/2. Resistance: Is at $42 1/2.
Point & Figure: Reversed to the upside on May 31, 2000. A P&F upside
reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! BROADVISION INC
(BVSN-Nasdaq) @ $44 1/8 Stop: Use a protective stop of $41 1/2.
BROADVISION INC is currently trading @ $43 1/2 plus $7.69 on Jun 1, 2000. Price Objective:
$69 1/2. Risk/Reward: $2 5/8 VS. $25 3/8. Today's Risk Reward Ratio: 10:1
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