InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 86.37

-0.5%

Nov 14 9:30 AM EST

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To: Hawkmoon who wrote (16473)	1/27/2000 10:25:00 PM
From: Hawkmoon	Read Replies (1) of 28311

Well, today's TA update for GNET indicates that we are still holding that bottom channel support level at around $84/share. Draw a line between the two farthest most price lows and you'll what resembles a 45 degree upward angle. That forms the bottom portion of the price channel. After we make our next major move to the upside, we'll see how the angle of the top portion plays out. siliconinvestor.com If we can hold it tomorrow and get the daily stochastics to reverse upward, then I think we have a shot at $110+ next week. However, if we violate below $82-83, then we likely see $77-78 or so which makes up the lower bollinger band arm on the WEEKLY chart. siliconinvestor.com That weekly chart is looking pretty "studly" in its own right. But the overall theme is that the bollinger bands are constricting on both the daily and weekly charts, indicating that we're setting up for a big move, most likely to the upside. Regards, Ron

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