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Technology Stocks : Compaq

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To: Yaacov who wrote (6002)9/25/1997 1:50:00 PM
From: JPR   of 97611
 
<Just now CPQ is at 74 plus. What is pulling the stock down? Any idea.>

Hi Yaacov,

How are you doing? This CPQ pullback is temporary. The support level is 69 to 70. The charts show that the target is 90. Near-term target is 81. Long and short-term trends ar bullish. The high RSI and Stochastics and general market conditions contributed to a pullback.

Paul
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