NET.BANK INC
(NTBK-Nasdaq):
Technical Viewpoint: From a low
of $11.95 on Jan 30, 2002 prices
rallied, reaching a
high of $15.22
on Feb 15, 2002. A
decline saw prices pull back, reaching a
low of
$12.39 on Feb 25, 2002.
Another rally saw prices penetrate
resistance, closing 3/5/02
at $15.97. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 5, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $14.00. Resistance: Is at $17.55.
Point & Figure: Reversed to the upside on Feb 27, 2002. A P&F upside
reversal takes place at $14.50. Summary: Technical indicators have turned bullish. BUY! NET.BANK INC
(NTBK-Nasdaq) @ $16.13 Stop: Use a protective stop of $14.63.
NET.BANK INC is currently trading @ $15.97 plus $1.14 on Mar 5, 2002. Price Objective:
$24.50. Risk/Reward: $1.50 VS. $8.38. Today's Risk Reward Ratio: 5:1
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