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Technology Stocks : Compaq
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To: hlpinout who wrote (60865)5/8/1999 9:40:00 AM
From: FloydP  Read Replies (1) of 97611
 
EARLY WARNING "BUY" SIGNAL EMMINENT

Just finished looking at the Big Charts on CPQ. From a TA perspective
the stock just broke above its 25 day Moving Average line. This is
the first real signal since the down gap opening of several weeks ago. Many TA players will wait for a break above the 50 day MA to
confirm their purchase but this is definitely the signal the early
entry players use. I'll leave all the fundamental analysis to Victor and others on this board.
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