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Technology Stocks : Compaq
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To: Senator949 who wrote (84238)8/16/2000 11:12:50 AM
From: Night Writer  Read Replies (3) of 97611
 
Oh Boy! Talked to my broker who has an interesting TA view point on CPQ. He says CPQ has formed a flag. A flag formation indicates a stock is eating up resistance before moving higher.

I remember a really professional TA gentleman explaining the flag formation to the thread some time back. After the flag was completed CPQ did go to a higher level. I think it was before CPQ made it's move to 50, but I'm not sure. Does anybody else recall the previous flag discussion and how far CPQ advanced after the flag formation. I not good at reading chart formations.
NW
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