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Technology Stocks : Compaq
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To: Captain Jack who wrote (80315)3/27/2000 11:34:00 AM
From: MeDroogies  Read Replies (1) of 97611
 
I would say the long term down trend here has pretty much finished.
Based on where CPQ has been since last Nov/Dec, it's had a trading range of 25-30. That's hardly a downtrend. It's no uptrend, either.
Still, if you scope it out from the bottom of 18, it IS in a short term uptrend, and not a particularly bad one, either. Not great, but not bad.
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