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


To: playallday who wrote (672)4/24/1998 9:47:00 PM
From: Darth Trader  Read Replies (1) | Respond to of 5843
 
Play, if you look at this 3 month chart of RNWK quote.yahoo.com you'll see that the price bounced of the $30 level several times, where buyers were apparently waiting. This is usually considered support If the price was climbing and met sellers this would be called resistance This may or may not be what you wanted. gggggg



To: playallday who wrote (672)4/25/1998 7:34:00 AM
From: SBerglowe  Read Replies (1) | Respond to of 5843
 
There are multiple bottoms in the 27-28 area, which would be a logical place for the stock to hold. There's a gap in the chart which the stock might fill a little lower. Most stock charts are way extended here. I am currently on the sidelines with rnwk. The valuations in ISDEX stocks got so loony that I ran for cover. It's a great trading stock and will probably trend with the market.However, I love the product and this stock may have a big internet future. Does anyone know?