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REALNETWORKS INC
(RNWK-Nasdaq):
Technical Viewpoint: From a low
of $51.00 on Jun 14, 1999 prices
rallied, reaching a
high of $97.00
on Jul 6, 1999. A
decline saw prices pull back, reaching a
low of
$77 1/8 on Jul 20, 1999.
Another rally saw prices penetrate
resistance, closing 7/23/99
at $90.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 2, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $81.00. Resistance: Is at $97.00.
Point & Figure: Reversed to the upside on Jul 21, 1999. A P&F upside
reversal takes place at $85 3/4. Summary: Technical indicators have turned bullish. BUY! REALNETWORKS INC
(RNWK-Nasdaq) @ $90 1/4 Stop: Use a protective stop of $87 1/4.
REALNETWORKS INC is currently trading @ $90.00 plus $1.28 on Jul 23, 1999. Price Objective:
$115.50. Risk/Reward: $3.00 VS. $25 1/4. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$115.50
Risk/Reward:
$3.00 VS. $25 1/4
Risk/Reward Ratio:
8:1
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