|
|
||||||
|
|
|
|
|||||
|
|||||||
![]() |
|
|
Thread Tools | Display Modes |
|
|
#1 |
|
contributing website
![]() Join Date: Oct 2006
Posts: 154
![]() |
From Wall Street Trader's Column
JEFFERIES GROUP (JEF-NYSE): Technical Viewpoint: From a low of $23.90 on Mar 14, 2007 prices rallied, reaching a high of $29.42 on Mar 27, 2007. A decline saw prices pull back, reaching a low of $28.02 on Apr 2, 2007. Another rally saw prices penetrate resistance line "A", closing yesterday at $32.50. Technicals: MACD Index (MACD): A Buy Alert! was given on May 22, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $24.00. Resistance: Is at $34.00. Point & Figure: Reversed to the upside on Mar 2, 2007. A P&F downside reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! JEFFERIES GROUP (JEF-NYSE) @ $29.88 Stop: Use a protective stop of $27.88. JEFFERIES GROUP is currently trading @ $32.50 plus $2.36 on Apr 27, 2007. Price Objective: $39.75. Risk/Reward: $2.00 VS. $9.87. Today's Risk Reward Ratio: 5:1
|
|
|
|
![]() |
| Thread Tools | |
| Display Modes | |
|
| Similar Threads | Thread Starter | Forum | Replies | Last Post |
| Ceridian (CEN) NYSE 4/2/2007 | Harry Aloof | Wall Street Trader's Column - weekly stock pick | 0 | 04-23-2007 05:29 PM |
| CSX Corp. (CSX) NYSE 3/19/2007 | Harry Aloof | Wall Street Trader's Column - weekly stock pick | 0 | 04-23-2007 05:16 PM |
| Ratheon (RTN) NYSE 2/5/2007 | Harry Aloof | Wall Street Trader's Column - weekly stock pick | 0 | 02-05-2007 06:40 PM |
| Stryker Corp (SYK) NYSE 1/29/2007 | Harry Aloof | Wall Street Trader's Column - weekly stock pick | 0 | 01-30-2007 06:59 PM |
| Comcast (PL) NYSE 1/16/2007 | Harry Aloof | Wall Street Trader's Column - weekly stock pick | 0 | 01-19-2007 08:59 PM |