Omrix Biophamaceuticals (OMRI) Nasdaq 3/9/2007

Harry Aloof · 04-23-2007, 05:12 PM

From Wall Street Trader's Column

OMRIX BIOPHARMACEUTICALS (OMRI-Nasdaq): Technical Viewpoint: From a low of $32.00 on Jan 24, 2007 prices rallied, reaching a high of $37.48 on Feb 6, 2007. A decline saw prices pull back, reaching a low of $32.55 on Mar 5, 2007. Another rally saw prices penetrate resistance line "A", closing 3/9/07 at $37.86. Technicals: MACD Index (MACD): A Buy Alert! was given on Mar 9, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $33.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 9, 2007. A P&F downside reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! OMRIX BIOPHARMACEUTICALS (OMRI-Nasdaq) @ $38.13 Stop: Use a protective stop of $36.13. OMRIX BIOPHARMACEUTICALS is currently trading @ $37.86 plus $2.65 on Mar 10, 2007.

Price Objective: $47.50
Risk/Reward: $2.00 VS. $9.37
Today's Risk Reward Ratio: 5:1

04-23-2007, 05:12 PM	#1
Harry Aloof contributing website Join Date: Oct 2006 Posts: 154	Omrix Biophamaceuticals (OMRI) Nasdaq 3/9/2007 From Wall Street Trader's Column OMRIX BIOPHARMACEUTICALS (OMRI-Nasdaq): Technical Viewpoint: From a low of $32.00 on Jan 24, 2007 prices rallied, reaching a high of $37.48 on Feb 6, 2007. A decline saw prices pull back, reaching a low of $32.55 on Mar 5, 2007. Another rally saw prices penetrate resistance line "A", closing 3/9/07 at $37.86. Technicals: MACD Index (MACD): A Buy Alert! was given on Mar 9, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $33.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 9, 2007. A P&F downside reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! OMRIX BIOPHARMACEUTICALS (OMRI-Nasdaq) @ $38.13 Stop: Use a protective stop of $36.13. OMRIX BIOPHARMACEUTICALS is currently trading @ $37.86 plus $2.65 on Mar 10, 2007. Price Objective: $47.50 Risk/Reward: $2.00 VS. $9.37 Today's Risk Reward Ratio: 5:1 Last edited by Thierry Martin; 04-24-2007 at 11:42 AM.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads	Thread Starter	Forum	Replies	Last Post
Five Nasdaq Stars (Forbes.com)	Forbes.com	Stocks - market news, analysis and advice (RSS feeds)	0	03-27-2007 07:28 AM
Trident Microsystems (TRID) Nasdaq 2/25/2007	Harry Aloof	Wall Street Trader's Column - weekly stock pick	0	03-08-2007 01:07 PM
Comcast (CMCSA) Nasdaq 1/16/2007	Harry Aloof	Wall Street Trader's Column - weekly stock pick	0	01-19-2007 09:00 PM
Nasdaq closed Tuesday	TonyM	Stock picks and strategies	3	12-29-2006 12:42 PM
Five Nasdaq Stars (Forbes.com)	Forbes.com	Stocks - market news, analysis and advice (RSS feeds)	0	11-15-2006 11:10 AM