SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Dany Tremblay who wrote (2373)3/24/1999 2:59:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Any folks out here that have an opinion on the current Technical picture on GNET's chart?

Yesterday at the close I was VERY worried about today's action as I saw the William% @ -10 (very overbought). Now I'm seeing -80 and a bollinger band pinch formation forming again, and that strikes as another gap opportunity, hopefully to the upside. Stochastic on the short term indicators seem to confirm this (don't bother to look at the daily chart... the parabolic gap-up will frighten you... :0)

MACD is slightly negative to neutral on the hourly chart and the 15 minute chart is in a similar condition. (but the BB pinch is TIGHT.

Either way GNET is going to break in one direction or the other pretty soon, IMO.

Caveat Emptor.

Regards,

Ron