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5/14/99 DoubleClick Inc
(DCLK)
Points to watch: Watch DCLK in today's trading.
After hitting a swing low on May 5th the stock's subsequent bounce was stopped by
trendline resistance at 134. The stock closed Tuesday near the 38% retracement of
its February-April rally (122.5). A sell signal would be given with a move below
112.5. Technical indicators remain negative, and despite the fall from its April
highs the stock is still extremely overextended--the 200 day moving average is only 44.75.
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