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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: SK Ho who wrote (4878)1/18/1998 7:45:00 PM
From: Chris  Read Replies (1) of 42787
 
CPQ:

did you check the 50 day simple moving average SK?

ahhhh... dell long broke it and thus it's rally of 11%

cpq.. has yet to break it but it has tried on numerous times...

now you know why 50 ma is so important?? it's a difference bettween a 3% vs 11% gain in one week..

now.. think again... what are the indexes (djia and naz) bounded by? the 50 ma!! that is why next week is crucial.. if we dont go above 50 ma next week, we will retest 200 ma's..

try this site and compare the 2 charts: dell vs cpq

cbs.marketwatch.com

be sure to select 50 simple moving average..
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