Theuptrend.Com Announces That It Has Initiated Technical Coverage Of Pixar Animation Studios (NASDAQ: PIXR).

    /24-7PressRelease.com/ - April 6, 2005
- The current Long Term trend is currently up.
- Our last Early Warning Buy Signal was issued on January 21, 2005.
- This current up trend would come to an end, only with a weekly close above $90.
- Current Long Term Price Support zone is at $93.75, 87.50 and then $81.25.
- Current Long Term Price Resistance is at $100, $106.25 and then $112.50.
- Catastrophic support is currently in the $72 -$77 area.
- On a Mid Term basis, this stock looks like it will find support in the $90 area.
- This stock looks overbought here, and if you did not already own it, you should continue to hold. As we do not own it at this time, we would be more interested in buying this stock next time it cycles down to the $8750 - $93.75 area.
This analysis is based on closing data for the week of April 1, 2005. Our analysis will change as time passes and when new price data becomes available.

About Pixar Animation Studios
Pixar Animation Studios (Nasdaq: PIXR, http://www.pixar.com) combines creative and technical artistry to create original stories in the medium of computer animation. Pixar has created six of the most successful and beloved animated films of all time: Toy Story, A Bug's Life, Toy Story 2, Monsters, Inc., Finding Nemo and The Incredibles. Pixar has won 18 Academy Awards and its six films have grossed more than $3.2 billion at the worldwide box office to date. The Northern California studio will release its next film, Cars, on June 9, 2006.

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Our current technical analysis for Pixar Animation Studios is available to the public for the next 7 days @ http://www.theuptrend.com/chart_samples.asp

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