XILINX INC
(XLNX-Nasdaq):
Technical Viewpoint: From a low
of $57 1/2 on May 24, 2000 prices
rallied, reaching a
high of $98.31
on Jun 22, 2000. A
decline saw prices pull back, reaching a
low of
$76.56 on Jul 5, 2000.
Another rally saw prices penetrate
resistance, closing 7/13/00
at $92 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 31, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $86 1/2. Resistance: Is at $98.31.
Point & Figure: Reversed to the upside on Jul 12, 2000. A P&F upside
reversal takes place at $90.00. Summary: Technical indicators have turned bullish. BUY! XILINX INC
(XLNX-Nasdaq) @ $93 1/4 Stop: Use a protective stop of $90 1/2.
XILINX INC is currently trading @ $92 5/8 plus $4 7/8 on Jul 13, 2000. Price Objective:
$114.00. Risk/Reward: $2 3/4 VS. $20 3/4. Today's Risk Reward Ratio: 7:1
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