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To: kate b. who wrote (3565)11/3/2000 11:55:22 PM
From: Teresa Lo  Respond to of 8925
 
CMVT and PEB: My Qcharts won't give me any charts now, but I'll get back to you tomorrow.

Teresa



To: kate b. who wrote (3565)11/5/2000 11:27:43 AM
From: Teresa Lo  Read Replies (2) | Respond to of 8925
 
More Study Cases: CMVT and PEB:

CMVT: Test of Top. In the big picture, it's coming in to test it's all time high. This is going to be very, very important here: 204.244.168.151

Daily chart is in a rising wedge formation, so FIRST you need to watch if this 120 level is a fake breakout and trap for the buyers. IF it can go higher, THEN it will test the old all time high. That's why you will see if it can pass or fail the test of all-time high: 204.244.168.151

PEB: Test of top on the daily chart, forming a dark cloud cover pattern. If last Thursday's low is broken to the downside, the highest probability move is a failure on this first try, with a downside target of the 20-day EMA below at $111.

204.244.168.151

Note both of these stocks trade only a bit more than a million shares a day...so be careful. They're not that liquid.

More information on tests: 204.244.168.151
More information on wedges: 204.244.168.151
More information on dark cloud cover pattern: 204.244.168.151

Teresa