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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.770-1.1%Jan 14 3:59 PM EST

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To: Francois Goelo who wrote (1080)4/16/1999 12:23:00 PM
From: FFNEODOC  Read Replies (2) of 1593
 
Francois, looks like I was right about the TA traders getting in & out quickly, as evidenced by my old post;
Message 8900521
I suspect we'll have to be patient. However, from a TA standpoint stocks like XNET that have great potential, tend to follow the pattern of correction with subsequent break out to new highs (ALA EBAY)... hence TA TRADER's comment to alert him when we get close to $6.5 again. I would suspect the next support level for upward movement will be in the $3-3.5 range.
Frank
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