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EXCITE INC
(XCIT-Nasdaq):
Technical Viewpoint: From a low
of $77 3/4 on Jan 13, 1999 prices
rallied, reaching a
high of $125.00
on Feb 1, 1999. A
decline saw prices pull back, reaching a
low of
$80.00 on Feb 10, 1999.
Another rally saw prices penetrate
resistance, closing 2/23/99
at $102 3/8. 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 $90.00. Resistance: Is at $105.00.
Point & Figure: Reversed to the upside on Feb 22, 1999. A P&F upside
reversal takes place at $95.00. Summary: Technical indicators have turned bullish. BUY! EXCITE INC
(XCIT-Nasdaq) @ $103 1/4 Stop: Use a protective stop of $99 7/8.
EXCITE INC is currently trading @ $102 3/8 plus $8 7/8 on Feb 23, 1999. Price Objective:
$132 1/2. Risk/Reward: $3 3/8 VS. $29 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:
$132 1/2
Risk/Reward:
$3 3/8 VS. $29 1/4
Risk/Reward Ratio:
8:1
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