CNET INC
(CNET-Nasdaq):
Technical Viewpoint: From a low
of $83 1/2 on Mar 12, 1999 prices
rallied, reaching a
high of $105.00
on Mar 25, 1999. A
decline saw prices pull back, reaching a
low of
$88 7/8 on Apr 1, 1999.
Another rally saw prices penetrate
resistance, closing 4/9/99
at $134 1/4. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Apr 4, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $117 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 9, 1999. A P&F upside
reversal takes place at $126.00. Summary: Technical indicators have turned bullish. BUY! CNET INC
(CNET-Nasdaq) @ $135 3/4 Stop: Use a protective stop of $132 1/2.
CNET INC is currently trading @ $134 1/4 plus $18.94 on Apr 11, 1999. Price Objective:
$165.00. Risk/Reward: $3 1/4 VS. $29 1/4. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$165.00
Risk/Reward:
$3 1/4 VS. $29 1/4
Risk/Reward Ratio:
9:1
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