9/14/99 NFront Inc (NFNT)
Points to watch: NFNT had a
strong day yesterday, closing at 14.94 and confirming the short term
double bottom that had been forming on its daily chart (with lows on 8/10
and 9/7). The stock tested resistance at 15.38, the 38% retracement
of its 7/6-8/10 decline, intraday before backing off. A buy signal
would be given on a move above 15.38, with a first upside target of
17.75. Support is at 14.06 (the 8/18 high), and then 12.4.