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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (11722)2/1/1998 10:22:00 PM
From: Michael L.  Read Replies (1) of 79333
 
Doug, FAXX was on the lowest support line on Friday and bounced not strong, but good enough. If it will show some strenght on Monday it may be a safe entry point for another runup. The behaviour of the chart during the next few trading days will be critical in terms of confirming the bottom of the channel. I will consider to buy on Monday. Did you establish position in CPQ? Michael
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