Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: epicure who wrote (23868)	9/28/1999 2:10:00 PM
From: wizzards wine	Read Replies (1) of 34809

Hi X...CPQ gave a DTB at 28 then pulled right back to 22 and has since gone back into X's up to 25...it will take a 29 to give another DTB signal or 21 for a DBS signal... There appears to be a possible secondary Bearish resistance line at about the 28-29 area however.... In addition, the pattern could turn into a triangle given 2 more columns not exceeding either of the previous ones... Time will tell, but with ALL indicators negative and moving further down daily, I'd be inclined to let the pattern develope more if considering entering this one... JMHO Preston

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