USWEB CORP
(USWB-Nasdaq):
Technical Viewpoint: From a high
of $26 1/4 on Sep 16, 1999 prices
declined, reaching a
low of $34.94
on Sep 30, 1999. A
rally saw prices pull back, reaching a
high of
$27 5/8 on Oct 18, 1999.
Another decline saw prices penetrate
support, closing 10/21/99
at $35 7/8. Technicals: Momentum Index (MTM): A Sell Alert!
was given on Oct 21, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $31.00. Resistance: Is at $39 1/2.
Point & Figure: Reversed to the downside on Oct 20, 1999. A P&F downside
reversal takes place at $33.00. Summary: Technical indicators have turned bearish. SELL! USWEB CORP
(USWB-Nasdaq) @ $36 5/8 Stop: Use a protective stop of $34 1/8.
USWEB CORP is currently trading @ $35 7/8 minus $3.66 on Oct 21, 1999. Price Objective:
$52.00. Risk/Reward: $2 1/2 VS. $15 3/8. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$52.00
Risk/Reward:
$2 1/2 VS. $15 3/8
Risk/Reward Ratio:
6:1
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