|
|
||||||
|
|
|
|
|||||
|
|||||||
![]() |
|
|
Thread Tools | Display Modes |
|
|
#1 |
|
contributing website
![]() Join Date: Oct 2006
Posts: 154
![]() |
From Wall Street Trader's Column
TRIDENT MICROSYSTEMS INC (TRID-Nasdaq): Technical Viewpoint: From a low of $16.54 on Jan 18, 2007 prices rallied, reaching a high of $22.00 on Feb 6, 2007. A decline saw prices pull back, reaching a low of $19.94 on Feb 16, 2007. Another rally saw prices penetrate resistance line "A", closing 2/23/07 at $22.71. Technicals: MACD Index (MACD): A Buy Alert! was given on Feb 23, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $20.00. Resistance: Is at $22.00. Point & Figure: Reversed to the upside on Jan 24, 2007. A P&F downside reversal takes place at $20.50. Summary: Technical indicators have turned bullish. BUY! TRIDENT MICROSYSTEMS INC (TRID-Nasdaq) @ $22.88 Stop: Use a protective stop of $20.88. TRIDENT MICROSYSTEMS INC is currently trading @ $22.71 plus $1.32 on Feb 23, 2007. Price Objective: $29.50. Risk/Reward: $2.00 VS. $6.62. Today's Risk Reward Ratio: 3:1
Last edited by Thierry Martin; 04-24-2007 at 11:43 AM. |
|
|
|
![]() |
| Thread Tools | |
| Display Modes | |
|
| Similar Threads | Thread Starter | Forum | Replies | Last Post |
| 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 | 12-12-2006 04:20 PM |
| Five Nasdaq Stars (Forbes.com) | Forbes.com | Stocks - market news, analysis and advice (RSS feeds) | 0 | 11-15-2006 11:10 AM |
| Where's the Beef?? CRESUD has it (NASDAQ:CRESY) | Bman409 | Stock picks and strategies | 9 | 05-08-2006 11:01 PM |