INFOSPACE INC
(INSP-Nasdaq):
Technical Viewpoint: From a low
of $26.50 on Jul 22, 2004 prices
rallied, reaching a
high of $38.15
on Aug 2, 2004. A
decline saw prices pull back, reaching a
low of
$32.80 on Aug 9, 2004.
Another rally saw prices penetrate
resistance, closing 8/20/04
at $39.41. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 2, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $33.00. Resistance: Is at $42.00.
Point & Figure: Reversed to the upside on Aug 18, 2004. A P&F upside
reversal takes place at $36.00. Summary: Technical indicators have turned bullish. BUY! INFOSPACE INC
(INSP-Nasdaq) @ $39.75 Stop: Use a protective stop of $37.75.
INFOSPACE INC is currently trading @ $39.41 plus $2.14 on Aug 21, 2004. Price Objective:
$55.00. Risk/Reward: $2.00 VS. $15.25. 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:
$55.00
Risk/Reward:
$2.00 VS. $15.25
Risk/Reward Ratio:
8:1
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