SELL! USWEB CORP (USWB) Nasdaq

  Report No. 898    Analysis by: Harry Aloof     OCTOBER 22, 1999

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

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$52.00 Risk/Reward:
$2 1/2 VS. $15 3/8 Risk/Reward Ratio:
6:1
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