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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 $74 1/2
on Jun 22, 1999. A
decline saw prices pull back, reaching a
low of
$59 3/4 on Jun 25, 1999.
Another rally saw prices penetrate
resistance, closing 7/2/99
at $89.94. 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 $75.00. Resistance: Is at $94.00.
Point & Figure: Reversed to the upside on Jun 28, 1999. A P&F upside
reversal takes place at $85 1/2. Summary: Technical indicators have turned bullish. BUY! REALNETWORKS INC
(RNWK-Nasdaq) @ $90 5/8 Stop: Use a protective stop of $87 3/4.
REALNETWORKS INC is currently trading @ $89.94 plus $12.06 on Jul 2, 1999. Price Objective:
$118.00. Risk/Reward: $2 7/8 VS. $27 3/8. 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:
$118.00
Risk/Reward:
$2 7/8 VS. $27 3/8
Risk/Reward Ratio:
9:1
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