INFOSPACE.COM INC
(INSP-Nasdaq):
Technical Viewpoint: From a low
of $43 1/8 on May 26, 1999 prices
rallied, reaching a
high of $51 3/4
on Jun 11, 1999. A
decline saw prices pull back, reaching a
low of
$37 1/4 on Jun 15, 1999.
Another rally saw prices penetrate
resistance, closing 7/16/99
at $59.56. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 6, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $42 1/2. Resistance: Is at $64.00.
Point & Figure: Reversed to the upside on Jun 29, 1999. A P&F upside
reversal takes place at $52.00. Summary: Technical indicators have turned bullish. BUY! INFOSPACE.COM INC
(INSP-Nasdaq) @ $60 1/8 Stop: Use a protective stop of $57 3/8.
INFOSPACE.COM INC is currently trading @ $59.56 plus $5.31 on Jul 16, 1999. Price Objective:
$81.00. Risk/Reward: $2 3/4 VS. $20 7/8. Today's Risk Reward Ratio: 7:1
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