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


To: PCSS who wrote (89531)2/6/2001 12:05:57 PM
From: Elwood P. Dowd  Respond to of 97611
 
CPQ NEEDS TO BREAK $25.06!
by: technical_indicators 02/06/01 11:59 am EST
Msg: 216838 of 216838

On a short-term technical basis, the trend is Bullish with CPQ trading above its 50-day moving average at $19.52. However, CPQ needs to break its 200-day moving average of $25.06. If the stock breaks up through resistance at $25.06 a positive trend change is occuring. If the stock breaks up through resistance at $25.06, then it will probably continue higher to $29.56. Then once this is achieved, look for a possible long-term rally to previous highs.



To: PCSS who wrote (89531)2/6/2001 1:12:16 PM
From: Elwood P. Dowd  Read Replies (2) | Respond to of 97611
 
As expected, CPQ bumped its head on 25 and turned south. Day's high 24.97. El