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Technology Stocks : Compaq

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To: robbie who wrote (15660)1/31/1998 10:40:00 PM
From: Jimbo Cobb  Read Replies (1) of 97611
 
suretrade.stkwtch.com

Did anyone post the new T/A rec which no longer has a BUY on CPQ ??

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BEARISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is falling which is BEARISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 29.21

RECOMMENDATION

STOCK SHOWS MILDLY DETERIORATING CONDITIONS SCORE = -2
IF YOU ARE LONG HOLD CURRENT POSITION; DO NOT INITIATE NEW POSITION
STOCK IS NOT A SHORT SALE CANDIDATE
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