INFOSPACE.COM INC
(INSP-Nasdaq):
Technical Viewpoint: From a low
of $38 1/8 on Aug 5, 1999 prices
rallied, reaching a
high of $51 1/2
on Sep 13, 1999. A
decline saw prices pull back, reaching a
low of
$36 7/8 on Sep 24, 1999.
Another rally saw prices penetrate
resistance, closing 11/15/99
at $73.69. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 11, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $64.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 15, 1999. A P&F upside
reversal takes place at $69.00. Summary: Technical indicators have turned bullish. BUY! INFOSPACE.COM INC
(INSP-Nasdaq) @ $74 3/8 Stop: Use a protective stop of $71 1/2.
INFOSPACE.COM INC is currently trading @ $73.69 plus $10 1/4 on Nov 15, 1999. Price Objective:
$86.00. Risk/Reward: $2 7/8 VS. $11 5/8. Today's Risk Reward Ratio: 4:1
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