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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 117.19+30.4%Nov 24 3:59 PM EST

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To: Steven R. Michaud who wrote (17385)3/8/2000
From: faqsnlojiks   Read Replies (1) of 28311
 
GNET looks great right now from a Point&Figure perspective. On a 1-box chart, GNET had a double-top break as well as a break through the BRL (a line of resistance). This occurred when the stock climbed to 90...no biggie that it pulled back a bit from there, as it's been my experience that this is common. Nice to see some volume today too.
But I don't usually use a 1-box chart when viewing GNET due to the volatility of this stock. A two-box chart is more appropriate here in my opinion. Good news here too! On a 2-box chart, GNET today created a Bullish Triangle as well as a break of the BRL. Both good bullish indicators that we should be seeing higher levels soon.

Good Luck!

-Joe
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