BROADVISION INC
(BVSN-Nasdaq):
Technical Viewpoint: From a low
of $23.00 on Nov 26, 2000 prices
rallied, reaching a
high of $37 1/8
on Nov 7, 2000. A
decline saw prices pull back, reaching a
low of
$27.44 on Nov 13, 2000.
Another rally saw prices penetrate
resistance, closing 11/17/00
at $36.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 19, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32.00. Resistance: Is at $37 1/8.
Point & Figure: Reversed to the upside on Nov 19, 2000. A P&F upside
reversal takes place at $31 1/2. Summary: Technical indicators have turned bullish. BUY! BROADVISION INC
(BVSN-Nasdaq) @ $36 3/8 Stop: Use a protective stop of $33 5/8.
BROADVISION INC is currently trading @ $36.00 plus $2.44 on Nov 17, 2000. Price Objective:
$54.00. Risk/Reward: $2 3/4 VS. $17 5/8. Today's Risk Reward Ratio: 6:1
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