PHONE.COM INC
(PHCM-Nasdaq):
Technical Viewpoint: From a low
of $81 1/2 on Aug 24, 2000 prices
rallied, reaching a
high of $101 5/8
on Sep 5, 2000. A
decline saw prices pull back, reaching a
low of
$84 1/2 on Sep 18, 2000.
Another rally saw prices penetrate
resistance, closing 9/20/00
at $101 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 20, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $85.00. Resistance: Is at $105.00.
Point & Figure: Reversed to the upside on Sep 19, 2000. A P&F upside
reversal takes place at $92 1/2. Summary: Technical indicators have turned bullish. BUY! PHONE.COM INC
(PHCM-Nasdaq) @ $101 7/8 Stop: Use a protective stop of $98 7/8.
PHONE.COM INC is currently trading @ $101 3/8 plus $8.32 on Sep 20, 2000. Price Objective:
$135.00. Risk/Reward: $3.00 VS. $33 1/8. Today's Risk Reward Ratio: 11:1
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