Compaq Message Board - Msg: 10511672

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Technology Stocks : Compaq

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To: Feathered Propeller who wrote (65118)	7/14/1999 8:51:00 PM
From: Christopher	Read Replies (1) of 97611

Night Writer, CPQ had a good day. CPQ closed above it resistance of 27 on heavy volume today, a very positive sign. 27 will act as a support now. Gateway had a very good gain as well. DELL is consolidating and preparing for a good move which could happen in the next few days and may be even tomorrow. Right now CPQ will be challenging its next resistance at 29.50. A close above it will be very positive for CPQ. After that CPQ will have to challenge its 200 dma(day moving average) around 33. A close above 33 will be extremely positive for CPQ as its long term trend would have turned up. Good trading, Christopher

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