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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (64913)	7/11/1999 12:51:00 AM
From: Christopher	Read Replies (6) \| Respond to of 97611

TA time for CPQ. I have been asked for a TA analysis in a private message. The outlook for CPQ is good now. It had some major support around 20 and turned up. It has broken a long term trendline to the upside, a very positive sign. It has some resistance between 27 and 29.50. However, I think that it will overcome that resistance. Three days ago CPQ closed above its first resistance at 24.31 on heavy volume, a very positive sign. In short, TA look very positive for CPQ at this time. Good trading, Christopher