* Today's Sector Analysis: "Banking " Institutional Technical Viewpoint
Buy Alert! Centillium Commun  (CTLM): $38 1/4 Stop.  $35 3/4 P-Stop  $53.00 P-Objective
Dow Jones Ind: 10,578.24 ninus 9.35 points * Trade w/caution & use stops Jan 22, 2001   Volume Two No. 1206
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
1/23/01
PRICE
OBJ
CLOSE
PRICE
AWE AT&T WIRELESS GROUP BUY! *   RSI: 65 $24.75 $22.75 $35.00 $24.62
CCL CARNIVAL CORP BUY! *   RSI: 65 $33.12 $30.75 $47.00 $33.00
CNC CONSECO INC BUY! *   RSI: 71 $15.25 $13.75 $23.00 $15.06
KSS KOHLS CORP BUY! *   RSI: 62 $68.87 $66.25 $78.00 $68.50
MENT MENTOR GRAPHICS BUY! *   RSI: 66 $32.12 $29.87 $43.00 $31.69
MRVL MARVELL TECHNOLOGY BUY! *   RSI: 63 $34.12 $31.62 $44.50 $33.19
PPRO PURCHASEPRO.COM BUY! *   RSI: 63 $24.50 $22.50 $35.00 $24.00
SNPS SYNOPSYS INC BUY! *   RSI: 67 $55.25 $52.75 $65.00 $55.06
Banking   FBF: $42 5/8  PNC: $72 3/8  WM: $50 3/8 Buy Alerts  AV: $16 1/4  FCX: $12 1/8  TOM: $13 7/8

MCDATA CORP CL B (MCDT-Nasdaq): Technical Viewpoint: From a low of $39 3/8 on Nov 30, 2000 prices rallied, reaching a high of $94 1/4 on Dec 11, 2000. A decline saw prices pull back, reaching a low of $42.00 on Dec 21, 2000. Another rally saw prices penetrate resistance, closing 1/22/01 at $65 1/4. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Jan 19, 2001 when the solid line crossed the dotted line to the upside. Support: Remains at $50.00. Resistance: Is at $72.00. Point & Figure: Reversed to the upside on Jan 19, 2001. A P&F upside reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! MCDATA CORP CL B (MCDT-Nasdaq) @ $67 3/4 Stop: Use a protective stop of $64 7/8. MCDATA CORP CL B is currently trading @ $65 1/4 plus $8.81 on Jan 22, 2001. Price Objective: $92.00. Risk/Reward: $2 7/8 VS. $24 1/4. Today's Risk Reward Ratio: 8:1


Click here to view full size chart

5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com