Harry Aloof
05-07-2007, 09:40 AM
From Wall Street Trader's Column (http://18004wallstreet.com/hotoffticker/goto.cfm?userid=72&banid=6&price=0&ipadd=70.49.60.219&type=banner&aff_type=S&hotoffticker=0)
GARTNER INC (IT-NYSE): Technical Viewpoint: From a low of $23.14 on Mar 26, 2007 prices rallied, reaching a high of $26.23 on Apr 17, 2007. A decline saw prices pull back, reaching a low of $24.82 on Apr 19, 2007. Another rally saw prices penetrate resistance line "A", closing 5/4/07 at $27.67. Technicals: MACD Index (MACD): A Buy Alert! was given on May 4, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $26.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 7, 2007. A P&F downside reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! GARTNER INC (IT-NYSE) @ $27.75 Stop: Use a protective stop of $25.75. GARTNER INC is currently trading @ $27.67 plus $2.03 on May 4, 2007.
Price Objective: $36.50.
Risk/Reward: $2.00 VS. $8.75.
Today's Risk Reward Ratio: 4:1
http://18004wallstreet.com/images/charts/Chart2145-lrg.gif (http://18004wallstreet.com/hotoffticker/goto.cfm?userid=72&banid=6&price=0&ipadd=70.49.60.219&type=banner&aff_type=S&hotoffticker=0)
GARTNER INC (IT-NYSE): Technical Viewpoint: From a low of $23.14 on Mar 26, 2007 prices rallied, reaching a high of $26.23 on Apr 17, 2007. A decline saw prices pull back, reaching a low of $24.82 on Apr 19, 2007. Another rally saw prices penetrate resistance line "A", closing 5/4/07 at $27.67. Technicals: MACD Index (MACD): A Buy Alert! was given on May 4, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $26.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 7, 2007. A P&F downside reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! GARTNER INC (IT-NYSE) @ $27.75 Stop: Use a protective stop of $25.75. GARTNER INC is currently trading @ $27.67 plus $2.03 on May 4, 2007.
Price Objective: $36.50.
Risk/Reward: $2.00 VS. $8.75.
Today's Risk Reward Ratio: 4:1
http://18004wallstreet.com/images/charts/Chart2145-lrg.gif (http://18004wallstreet.com/hotoffticker/goto.cfm?userid=72&banid=6&price=0&ipadd=70.49.60.219&type=banner&aff_type=S&hotoffticker=0)