|
|
||||||
|
|
|
|
|||||
|
|||||||
![]() |
|
|
Thread Tools | Display Modes |
|
|
#1 |
|
contributing website
![]() Join Date: Oct 2006
Posts: 154
![]() |
From Wall Street Trader's Column
JDA SOFTWARE GP (JDAS-Nasdaq): Technical Viewpoint: From a low of $19.55 on Sep 7, 2007 prices rallied, reaching a high of $22.28 on Sep 19, 2007. A decline saw prices pull back, reaching a low of $19.97 on Sep 25, 2007. Another rally saw prices penetrate resistance line "A", closing 10/5/07 at $23.04. Technicals: MACD Index (MACD): A Buy Alert! was given on Oct 5, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $18.00. Resistance: Is at $23.29. Point & Figure: Reversed to the upside on Aug 10, 2007. A P&F downside reversal takes place at $21.00. Summary: Technical indicators have turned bullish. BUY! JDA SOFTWARE GP (JDAS-Nasdaq) @ $23.13 Stop: Use a protective stop of $21.13. JDA SOFTWARE GP is currently trading @ $23.04 plus $1.40 on Oct 5, 2007. Price Objective: $32.50 Risk/Reward: $2.00 VS. $9.37 Today's Risk Reward Ratio: 5:1
|
|
|
|
![]() |
| Thread Tools | |
| Display Modes | |
|
| Similar Threads | Thread Starter | Forum | Replies | Last Post |
| October 2007 Trading Simulator Contest - win a trading book | Thierry Martin | Trading simulator with monthly prizes | 3 | 11-01-2007 12:30 AM |
| Market Commentary for October 15, 2007 from Millennium-Traders.Com | MTdailynews | Millennium-Traders.Com - daily market summary | 0 | 10-15-2007 06:43 PM |
| Express Scripts (ESRX) - October 1, 2007 | Harry Aloof | Wall Street Trader's Column - weekly stock pick | 0 | 10-02-2007 07:57 PM |
| News You Need: October 2 | TheStreet.com | Mad Money recaps and CEO interviews (RSS feeds) | 0 | 10-02-2007 07:31 AM |
| News You Need: October 1 | TheStreet.com | Mad Money recaps and CEO interviews (RSS feeds) | 0 | 10-01-2007 07:25 AM |