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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 117.19+30.4%3:59 PM EST

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To: sandintoes who wrote (14098)11/17/1999 4:02:00 PM
From: Hawkmoon  Read Replies (1) of 28311
 
Well, I have to admit that the TA on GNET played through as I suspected this afternoon:

Message 11965491

"Btw, GNET may have an interesting day today and tomorrow. It is at the apex of an hourly chart triangle formation. It is going to break hard in one direction or another, I opine."

Who says TA is equivalent to reading "tea leaves".... <vbg>

Next resistance seems to be $89-92/share which was where we failed the double top back in July. If we can keep up the volume, it may not be overly difficult to plow through and onward to new highs.

MACD on the hourly chart continues to improve and stochastics remain intact for more upward movement to the next resistance level.

Fingers crossed...

Regards,

Ron
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