Harry Aloof
04-23-2007, 03:33 PM
From Wall Street Trader's Column (http://18004wallstreet.com/hotoffticker/goto.cfm?userid=72&banid=6&price=0&ipadd=70.49.60.219&type=banner&aff_type=S&hotoffticker=0)
VOCUS INC (VOCS-Nasdaq): Technical Viewpoint: From a low of $18.03 on Mar 5, 2007 prices rallied, reaching a high of $21.15 on Apr 2, 2007. A decline saw prices pull back, reaching a low of $19.22 on Apr 4, 2007. Another rally saw prices penetrate resistance, closing 4/5/07 at $22.89. Technicals: MACD Index (MACD): A Buy Alert! was given on Apr 5, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $19.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 8, 2007. A P&F upside reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! VOCUS INC (VOCS-Nasdaq) @ $23.25 Stop: Use a protective stop of $21.25. VOCUS INC is currently trading @ $22.89 plus $3.36 on Apr 4, 2007.
Price Objective: $30.50
Risk/Reward: $2.00 VS. $7.25
Today's Risk Reward Ratio: 4:1
http://18004wallstreet.com/images/charts/Chart2138-lrg.gif (http://18004wallstreet.com/hotoffticker/goto.cfm?userid=72&banid=6&price=0&ipadd=70.49.60.219&type=banner&aff_type=S&hotoffticker=0)
VOCUS INC (VOCS-Nasdaq): Technical Viewpoint: From a low of $18.03 on Mar 5, 2007 prices rallied, reaching a high of $21.15 on Apr 2, 2007. A decline saw prices pull back, reaching a low of $19.22 on Apr 4, 2007. Another rally saw prices penetrate resistance, closing 4/5/07 at $22.89. Technicals: MACD Index (MACD): A Buy Alert! was given on Apr 5, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $19.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 8, 2007. A P&F upside reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! VOCUS INC (VOCS-Nasdaq) @ $23.25 Stop: Use a protective stop of $21.25. VOCUS INC is currently trading @ $22.89 plus $3.36 on Apr 4, 2007.
Price Objective: $30.50
Risk/Reward: $2.00 VS. $7.25
Today's Risk Reward Ratio: 4:1
http://18004wallstreet.com/images/charts/Chart2138-lrg.gif (http://18004wallstreet.com/hotoffticker/goto.cfm?userid=72&banid=6&price=0&ipadd=70.49.60.219&type=banner&aff_type=S&hotoffticker=0)