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Technology Stocks : Check Point Software (CHKP)
CHKP 183.81-1.0%3:59 PM EST

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To: Frank who wrote (2164)4/29/1998 10:59:00 AM
From: blankmind  Read Replies (2) of 7150
 
look at 30 to be resistance, chkpf had trouble breaking this on the way up and nearly tested 30 in march, and is almost testing 30 again.

if one has not sold, it is to close to resistance to sell now until chkpf breaks 30. if anything, if one does not mind risk, this is a time to buy, not sell, unless one truly believes chkpf is headed lower. chkpf already broke the 200 and 50 dma, without hesitating (big negative).

hopefully history repeats itself on chkpf.
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