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Technology Stocks : Compaq

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To: D. Swiss who wrote (6283)10/3/1997 1:13:00 PM
From: Maxer   of 97611
 
Here's cpq from second opinion. Couldn't get the collumns to work.

Second Opinion - CPQ
10/03/97

Symbol: CPQ
Name: COMPAQ
COMPUTER CORP
Exchange: NYSE
PRICE ANALYSIS

COMMENT
Moving Average Convergence/Devergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under DISTRIBUTION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 65.80
WATCH FOR RESISTANCE AT 75.86

RECOMMENDATION

STOCK SHOWS MILDLY DETERIORATING CONDITIONS SCORE = -1
IF YOU ARE LONG HOLD CURRENT POSITION; DO NOT INITIATE NEW POSITION
STOCK IS NOT A SHORT SALE CANDIDATE

Obviosly this isn't looking at sales numbers.
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