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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (8934)6/7/2001 2:08:46 PM
From: Jibacoa   of 13094
 
JIM:

INAP: It tested the initial support at 2.02 early this morning (9.35AM) I was able to pick-up a few around 2.15 when it started to come back (10.15 AM) It is now trading at 2.35 just below its intra-day H of 2.37 (10.55AM)

It is finding more resistance than I like at this level. (I was not expecting that much until the 2.55 level)<g> So I guess will have to keep a close eye on it as it may start to show some weakness.<g>

The volume so far today has been relatively light. Yesterday before the close there were a couple of good up-ticks.(1,867,000 at 3.45PM & 1,446,000 at 3.55PM) Today's volume is only 416,000 so far.

RAGL

Bernard
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