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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (9239)12/7/1998 5:10:00 PM
From: Senator949  Read Replies (2) of 14162
 
Herm,

How high can a stock's RSI go and how long will it typically stay there. CPQ is has blown by it's all time high by about $3 and it's RSI is at an all time high. Do think it will topple before DEC expiry. Any guesses as to how far it will fall. When it hit $42 today that was one firm's 12 month target in a strong buy upgrade last week.

askresearch.com

Robin
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