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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: jon zachary who wrote (16917)2/16/2000 9:34:00 PM
From: faqsnlojiks   Read Replies (1) | Respond to of 28311
 
This stock has been bumping up against resistance for a while now. The BRL is right at 94 (96 on a 2-box chart) and its prior top is also at 94. If it hits 95, we have a double-top break along with a break of that BRL, which would indeed be good...but with such small volume, is unlikely (IMO). I really think we need an "event" here which causes big volume, and a strong break of this resistance. If we keep getting these 200k share days, we could drift for a bit longer.

I mentioned this 2 weeks ago, and it's conforming to exactly what I would have expected.

Resistance is strong here...and this would be a great day to get some volume to bust through it.

-Joe