Internap Network Services Corporation Message Board

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Technology Stocks : Internap Network Services Corporation

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To: jonesie4jonesie who wrote (885)	10/5/2006 1:29:47 PM
From: Hawkmoon	Read Replies (1) of 1011

Wow, nice move, what's going on? Yeah.. Sweet isn't it? Short squeeze in progress, after breaking out from a multi-peak top on the 60 minute chart. bigcharts.marketwatch.com Who's to say how far this is going to go.. I thought $17/share would be a pull-back point, but I was (thankfully) proven wrong.. Been watching Level II and I'm still not seeing any extensive selling at this point. They drop the bid/ask on minor selling, or a lack of buying pressure until it hits a short-term trading support (like a bollinger band on the one minute tick chart) and then it rockets higher.. Yahoo has a $25/share target on the stock as well.. Just incredible.. Hawk

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