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DIGITAL ISLAND INC
(ISLD-Nasdaq):
Technical Viewpoint: From a low
of $17.00 on May 26, 2000 prices
rallied, reaching a
high of $40 3/4
on Jun 9, 2000. A
decline saw prices pull back, reaching a
low of
$30 1/8 on Jun 13, 2000.
Another rally saw prices penetrate
resistance, closing 7/3/00
at $56 1/2. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jul 3, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $40.00. Resistance: Is at $65.00.
Point & Figure: Reversed to the upside on Jun 30, 2000. A P&F upside
reversal takes place at $50.00. Summary: Technical indicators have turned bullish. BUY! DIGITAL ISLAND INC
(ISLD-Nasdaq) @ $57 1/2 Stop: Use a protective stop of $54 5/8.
DIGITAL ISLAND INC is currently trading @ $56 1/2 plus $7 7/8 on Jul 3, 2000. Price Objective:
$88.00. Risk/Reward: $2 7/8 VS. $30 1/2. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$88.00
Risk/Reward:
$2 7/8 VS. $30 1/2
Risk/Reward Ratio:
10:1
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