Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : KANA - undiscovered Internet Company! -- Ignore unavailable to you. Want to Upgrade?

To: Robert L. Walker who wrote (1027)	4/22/1999 10:25:00 AM
From: Charles Kalb	Read Replies (2) \| Respond to of 1268

Maybe this is selling by the last of the speculators who got in over the last month only for the potential runup up to the webcast. Many, myself included, probably thought KANA could break through 4.00 prior to the webcast. KANA stalled at 3.00. The low of 2.00 reached so far this morning is a classic 50% retracement between the recent low of 1.00 in March and the high of 3. I'm encouraged that KANA seems to be holding at about 2 right now. If it breaks below 2 the next significant level is a 61.8% Fibonacci retracement at 1.76. After that, a 66.7% retracement at 1.67. I'm holding. Charles