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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?


To: STINKY who wrote (291)3/6/1998 7:12:00 PM
From: HerbertOtto  Respond to of 5843
 
There were several trading blocks of 4500, 5K, etc during that time. None more than 5K. That volume surge which accompanied the chart buy-signal, caught my attention too.

Your plan of waiting for the break-out above 18 is probably a good one. My trading plan put me long at 15 on Wednesday. Started with a 1/2 position. Added to it today at 16. Will add again over 18. With the OBV having finally turned up - 1st time since IPO, and the news background friendly, the 2 buy signals on the chart have taken on some meaning. I'm looking for a move to 24 or 25. If that works out, will re-access the picture then.

Next week should be a good one for RNWK. I just sold out SPLN. What other internet stocks do you see ready to go?

Herbert