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Old 10-09-2007, 04:11 AM   #1
Harry Aloof
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Default JDA Software (JDAS) - October 8, 2007

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

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