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To: horsegirl48 who wrote (11261)	3/9/2001 3:27:11 AM
From: Walkingshadow	Respond to of 13572

HG, Sorry for the delay in getting back to you. CPST is testing old support at about 28, and thus far has been successful. However, I agree that CPST is looking toppy right now. OBV has hooked downwards and is about to cross through its 30 SMA, but otherwise there are not yet any technical sell signals on the daily chart. The last three candles approximate a tri-star pattern, which is short term bearish. Candle resistance is at 30, and CPST is also encountering resistance in the form of the descending short-term moving averages (20 SMA): stockcharts.com[w,a]dbclyymy[db][pb10!b20!b40][vc60][iUg!Lp14,3,3!La8,17,9!Lc20] On the intraday chart, it is clear that CPST is consolidating recent gains, and continues to benefit from support from its upsloping intraday moving averages: askresearch.com The 5 EMA/8 SMA crossover chart is equivocal and not very helpful. The 25 day Bollinger band chart shows CPST to be weakening in momentum at resistance from the midline area, and the midline is downsloping. This chart is therefore short-term bearish, in that it suggests that a reversal to the downside in this zone is likely, with CPST then most likely to move back down to the lower rail: 207.61.23.99 So, the short-term outlook for CPST depends upon whether the test of support at 28 is successful or not, and also depends upon CPST continuing to enjoy support from the intraday moving averages. All in all, short term outlook appears bearish to me. But it is hard for me to say that, knowing what I know about the company and it's long-term and medium-term future !! JMVHO, as always....... Walkingshadow