REALNETWORKS INC
(RNWK-Nasdaq):
Technical Viewpoint: From a low
of $106 1/8 on Mar 24, 1999 prices
rallied, reaching a
high of $263 3/4
on Apr 13, 1999. A
decline saw prices pull back, reaching a
low of
$126 1/2 on Apr 20, 1999.
Another rally saw prices penetrate
resistance, closing 4/29/99
at $215.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 8, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $174.00. Resistance: Is at $183 1/4.
Point & Figure: Reversed to the upside on Apr 28, 1999. A P&F upside
reversal takes place at $200.00. Summary: Technical indicators have turned bullish. BUY! REALNETWORKS INC
(RNWK-Nasdaq) @ $215 1/4 Stop: Use a protective stop of $211 1/2.
REALNETWORKS INC is currently trading @ $215.00 plus $31.00 on Apr 29, 1999. Price Objective:
$299 1/2. Risk/Reward: $3 3/4 VS. $84 1/4. Today's Risk Reward Ratio: 22:1
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