SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (27402)7/6/1999 12:20:00 PM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
Buy Alert! REALNETWORKS INC (RNWK) Nasdaq
Report No. 823 Analysis by: Harry Aloof JULY 6, 1999


REALNETWORKS INC (RNWK-Nasdaq): Technical Viewpoint: From a low of $51.00 on Jun 14, 1999 prices rallied, reaching a high of $74 1/2 on Jun 22, 1999. A decline saw prices pull back, reaching a low of $59 3/4 on Jun 25, 1999. Another rally saw prices penetrate resistance line "A", closing 7/2/99 at $89.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 2, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $75.00. Resistance: Is at $94.00. Point & Figure: Reversed to the upside on Jun 28, 1999. A P&F downside reversal takes place at $85 1/2. Summary: Technical indicators have turned bullish. BUY! REALNETWORKS INC (RNWK-Nasdaq) @ $90 5/8 Stop: Use a protective stop of $87 3/4. REALNETWORKS INC is currently trading @ $89.94 plus $12.06 on Jul 2, 1999. Price Objective: $118.00. Risk/Reward: $2 7/8 VS. $27 3/8. Today's Risk Reward Ratio: 9:1

Price Objective:
$118.00

Risk/Reward:
$2 7/8 VS. $27 3/8

Risk/Reward Ratio:
9:1




To: IQBAL LATIF who wrote (27402)7/6/1999 4:22:00 PM
From: Al Serrao  Read Replies (1) | Respond to of 50167
 
Uncle,I was going to buy until I got your post and supports did not hold. Many thanks for keeping me out of trouble.I'll wait for you to us when to go in to these internets. Best regards.



To: IQBAL LATIF who wrote (27402)7/6/1999 4:29:00 PM
From: Dave Shares  Read Replies (1) | Respond to of 50167
 
<<DOT 678-682 area is very important resistance, I think 1410 SPu and this may lead to retracement to 650.. or 1362-72 area... if we break this we may see 700 and a break from there to 650 or even 625.. I would like very importantly no new positions to be taken.. at these levels..>>

Dear Ike,

As a lurker to this thread who has learned much from you and the many successful contributors, I can only say that your ability to identify intermediate tops is no less awesome than your identification of supports.

Thank you for sharing your knowledge with those of us who still have very much to learn.

David