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To: TheBusDriver who wrote (56384)2/9/2008 10:19:01 AM
From: Perlite  Read Replies (1) | Respond to of 78421
 
CPQ 2 month chart, candle sticks, intra-day tops or "topping tails", black-bar challenges to $3.75 from Dec 21 - Jan 21. My experience is that intra-day prices are a useful indicator WRT stocks that climb into new territory...a sort of measure of the willingness/nervousness of investors and institutions to chase the stock into uncharted waters...as for the close, CPQ hit its head on a pretty solid ceiling ($3.50) on 3 separate occasions...technically, it is a double top, but with the left top being abnormally fat...IMO all the volume action that brought CPQ off the ground occurred between 0.50 and 2.25 and interest has since dried up...



To: TheBusDriver who wrote (56384)2/11/2008 11:47:06 AM
From: ogi  Read Replies (2) | Respond to of 78421
 
Well I am no TA guy but I do see three spikes above $ 3.60 on the CPQ chart. Looks like a triple top except I don't know the true definition.

CPQ getting whacked today!!

Cheers,
Ogi