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


To: Carolyn who wrote (17689)3/21/2000 12:55:00 PM
From: tahoe_bound  Read Replies (1) | Respond to of 28311
 
For technical analysis adherents

This is from securitytrader. They have quite a large following. I won't post any more of their comments after this though unless it is really interesting.

3/17 "Every chart you look at of GNET points to a major UP move. **** If tech does not buckle ***** I think this is one of the better setups, maybe even longer term than we've seen this year. Short term targets are listed above. But see the MASSIVE one year consolidation that has taken place on the chart below this."

Trend lines are drawn in on the upper chart, the top one now shows a breakout at $88 and change (which it tagged before breaking down yesterday) and the lower support is at $75, then the lower purple line is at app. $65.

The one year chart below says: "Squared off the huge, one year consolidation. When this blows it should blow big time." Top purple line resistance drawn straight across is at $100, lower purple line support is in the upper $40's.