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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Bocor who wrote (450)6/4/2001 6:49:08 PM
From: Venditâ„¢   of 8752
 
Bacor

Message 15886891

I didn't expect CPST to make next lower support in one day so I feel a need to revise my TA read from yesterday. After reviewing the EOD chart I see an extreme bearish candle formed today and all indicators are negative.

The shaven bottom of the candle points to the days closing price. It also says that this downward momentum will spill over into Tuesday's open. Next support is $28 1/16.

askresearch.com

JMO
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