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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: jmac who wrote (6371)2/27/1998 6:51:00 PM
From: Chris  Read Replies (1) of 42787
 
jmac

i dont want to jump the gun and say we have weekly sell crossover for CPQ.. but it's close.

i would give it one more week until i declare a weekly sell..

reason:

2 of my 4 components is on sell signal.. i would wait for more confirming signal before i declare it..

but overall, it's looking weak.

looking on the daily chart, 50 sma must hold.. if that is violated, i would bail.
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