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


To: Hawkmoon who wrote (1845)3/15/1999 8:54:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Also, as for the Technical picture.. It looks like we may get a short-term bounce today off an oversold stochastic which looks to be turning upward on the 15 minute chart. But realistically to confirm support we need to bounce hard off of $80/share again and form a nice "W" formation.

Hourly MACD looks to be turning positive and that may carry us up to the $90 range and beyond and if we can hold current levels with higher highs and higher lows, that will be very bullish. I think this will require a bounce off the upper Bollinger band at around $95/share.

Any other TA opinions out there? I'm certainly no expert and this is a VERY volatile stock making it rather difficult to see how the next couple of days will turn out as we head toward Triple Witching on Friday.

I certainly welcome a more detailed TA opinion.

Regards,

Ron