TM...
I think the double bottom was formed, with less volume on the way down from the initial rally...however, other points should be considered...
The lower volume as of late could be people waiting on the sidelines for earnings.
The tech sell-off has taken its toll on CPQ already, it all lies in the hands of INTC & CPQ now, notice the former reports after the market on April 14th, and the latter before the market opens on the 15th....that is ground zero for the Naz and the techs, it should be make or break time, we either repeat history emulating past tech sell-offs, or we may start a long sad summer....tax due on that day is giving me the chills.
I've never sold a losing position in a big cap without regretting it a couple of months later...I am holding this time, hope I hit it right.
Long CPQ. |
