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Strategies & Market Trends : Tech Stock Options
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To: j g cordes who wrote (34396)1/28/1998 9:15:00 PM
From: donald sew  Read Replies (1) of 58727
 
Jim,

CPQ right now is now in the lower mid-range, still close to the oversold range. It actually gapped up at the open today then closed down. There is plenty of upside potential. Here are the various resistance lines and there are many:

30.625-31
32-32.5
33 (strong)
34
37 (strong)
38.5-39(strongest & all-time high)

TAN, has limited upside, in fact today there was a STAR, which normally is an early warning signal of a pull-back.

Is CPQ up now in after hours trading?? Would think so, just depends how much.
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