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


To: Night Writer who wrote (84128)8/10/2000 11:33:01 AM
From: Senator949  Read Replies (1) | Respond to of 97611
 
I think $34 will be the next resistance point.

I seems to me every 1/4 point is a resistance point.....

robin



To: Night Writer who wrote (84128)8/10/2000 4:28:47 PM
From: Yogizuna  Read Replies (1) | Respond to of 97611
 
At this point, it still looks like at least a short term top is forming in here, but the momentum of the weekly chart, combined with possible short covering, could certainly give CPQ one more shot at passing 32 before a correction sets in.....
I use TC2000, an older version of Metastock, Silicon Investor's own charts and indicators, plus everything but the old kitchen sink thrown in for good measure! <g> But even with all of that, the technical analysis "artist" must still paint his or her own unique picture of any given situation they may come across, which is way you can get so many different opinions on the view of a stock, index or commodity at any one point in time..... Yogi