CNET INC
(CNET-Nasdaq):
Technical Viewpoint: From a low
of $36 3/4 on Sep 20, 1999 prices
rallied, reaching a
high of $61.44
on Oct 7, 1999. A
decline saw prices pull back, reaching a
low of
$43 1/4 on Oct 27, 1999.
Another rally saw prices penetrate
resistance, closing 11/26/99
at $54 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 17, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $45.00. Resistance: Is at $55.50.
Point & Figure: Reversed to the upside on Nov 23, 1999. A P&F upside
reversal takes place at $49 1/2. Summary: Technical indicators have turned bullish. BUY! CNET INC
(CNET-Nasdaq) @ $55 1/8 Stop: Use a protective stop of $52 3/8.
CNET INC is currently trading @ $54 1/2 plus $3 3/4 on Nov 26, 1999. Price Objective:
$74.00. Risk/Reward: $2 3/4 VS. $18 7/8. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$74.00
Risk/Reward:
$2 3/4 VS. $18 7/8
Risk/Reward Ratio:
7:1
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