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To: cybersaavy who wrote (238)6/21/2001 12:14:38 PM
From: ken-l  Respond to of 470
 
cybersaavy,

thanx for the link; love that chart <GGGGG> !!!

anyway .. compx has come close to testing the key resist @2055+/- several times; but failed !!! however, it retraced to the 50% s/t intraday retrace @2016+/-, and rebounded !!!

i suspect that the earlier retracement was done strictly just to get rid some of its intraday overbought sentiments !!! since compx is now trading slightly above the 06/08 down trend line <upper t/l of the flag? - GG>, it wouldnt surprise me to see compx heading higher to test the 2055+/- in the next hour or so !!!

observation only !!

regards,

auto
ps. thanx again for the beautifully drawn chart !!!!