Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 187.06

-1.9%

1:54 PM EST

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To: STOCK INSIGHT who wrote (1820)	3/19/1998
From: Leo Mitkievicz	Read Replies (2) of 7150

Why do you expect the stock to pull back? Resistance at 42 3/4 will be closer to 43 after today's close and it has not yet been tested. (Among other indicators, I look at Bollinger Bands built at 2 standard deviations around a 15 xdma. And the upper band is rising slightly. You are probably looking at something pretty close to come up with that number.) Likewise the stochastics (with default settings) show room for more upward movement. Just curious. Can you elaborate a little more on what you see? Leo

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