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GO2NET INC
(GNET-Nasdaq):
Technical Viewpoint: From a low
of $54.00 on Mar 3, 1999 prices
rallied, reaching a
high of $156.00
on Mar 22, 1999. A
decline saw prices pull back, reaching a
low of
$123 1/4 on Apr 5, 1999.
Another rally saw prices penetrate
resistance, closing 4/12/99
at $179 1/2. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 12, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $139.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 9, 1999. A P&F upside
reversal takes place at $171.00. Summary: Technical indicators have turned bullish. BUY! GO2NET INC
(GNET-Nasdaq) @ $180 1/2 Stop: Use a protective stop of $176 7/8.
GO2NET INC is currently trading @ $179 1/2 plus $32.00 on Apr 12, 1999. Price Objective:
$240.00. Risk/Reward: $3 5/8 VS. $53 1/2. Today's Risk Reward Ratio: 15:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$240.00
Risk/Reward:
$3 5/8 VS. $53 1/2
Risk/Reward Ratio:
15:1
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