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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Larry S. who wrote (39030)4/4/2002 10:19:06 AM
From: Kelvin Taylor  Read Replies (1) of 53068
 
(CHKP) 20.74 -6.72: -- Update -- Stock gaps sharply lower in wake of warning and flirts with a major chart barrier in the 20/19.56 area (congestion/Sep 2001 low). Has held thus far and bounced slightly but has substantial work to do to improve the bias. Intraday resistances are near 20.80, 21.60 and 22.20/22.40. A failure at the early low 20.09 and a breach of the Sep low leaves little chart support of interest until the 17/16 area.
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