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Technology Stocks : RealNetworks (NASDAQ:RNWK)
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To: Stockdoctor who wrote (2679)4/15/1999 4:10:00 PM
From: Raymond  Read Replies (1) of 5843
 
Forokh,

I'm a little surpised to see RNWK rally at end of the day. However, based on the fact that it was still down better than 10 on heavy volume even when the NAZ shot up, I think the momentum is still negative. Is 167 a good start? Hard to say. This price seemed to be the major battle ground for today, but it closed well above the price. My unfound guess is that the stock will test 167 again tomorrow, and if it does not hold that level, there will be quite room further to drop.

Just my humble .02. I'm no TA export.

happy trading,

Raymond
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