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Elan Corporation, plc Message Board

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  • wwzg@sbcglobal.net wwzg Jul 30, 2008 9:53 AM Flag

    Signals Show $34.50 to $37.50 Easy . Strong Buy Here.

    TRADE QUALITY 75%, Good
    Good trade quality is a combination of good profit, profit/loss ratio and target potential.

    TARGET 1 Price: 36.94 Profit: 9.5% , for a typical rally.
    Stop Limit/Trailing Stop Limit: 32.43 Loss: 3.9%
    Profit/Loss Ratio: 2.4 : 1 - Fair

    TARGET 1 POTENTIAL Excellent, there are 1 resistance areas on the way to Target 1.
    Stocks may quickly rise to Targets when there are not many resistance areas blocking the way.

    TARGET 1 RESISTANCE +5.1% at 35.46 ± 0.71, type single, strength 5
    +9.5% at 36.94 is Target 1

    TARGET 2 Price: 38.14 Profit: 13% , Profit/Loss Ratio: 3.3 : 1 - Good

    Great time to load up

 

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