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Technology Stocks : Compaq

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To: rupert1 who wrote (60671)5/6/1999 7:50:00 PM
From: Kenya AA   of 97611
 
victor: It looks as though whoever had conviction had it early in the day. 10 million was reached in about two hours, on a price rise of about 5/8ths. I think we can assume that some of the follow-through was momentum.

Actually, it appears from this intraday chart, that the early volume was heavy selling. This is a 1 minute interval chart for today. The volume on the bottom is color-coded for up and down volume - there was heavy selling near the open and then again right after 10:30. The only other sell spike was at the close. Looks like the majority of the trading today took place around 24-3/16.

bigcharts.com

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