Compaq Message Board - Msg: 7815786

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Technology Stocks : Compaq

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To: Richie who wrote (47968)	2/13/1999 7:25:00 PM
From: Christopher	Read Replies (2) of 97611

Richie, My CPQ TA has not changed since my last posting(see #47645). MSFT has made a short term top by closing below its 20dma(Day Moving Average). The next support for MSFT is 152.50. ATHM has created a double top but has not broken below yet(it has to close below 90 for that to happen). If it does close below 90 couple times then that would be very bearish. Currently ATHM got support near its 50 dma which is a positive sing but it is still below its 20 dma(not good). For ATHM to get from under the water it has to close above 110. In short, if ATHM closes below 90 then this is very bearish and if it closes above 110 then it is positive. Good trading, Chris

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