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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo who wrote (4126)11/30/1997 2:05:00 PM
From: LastShadow  Read Replies (1) | Respond to of 120523
 
CPQ:

Mostly technical reasons, and a little study of the end of the day chart. The volume picked up after the large block sell for the last few trades, and the candlestick pattern is similar to the last three up waves in that each of the two day upticks was followed by a 2+ dollar intraday high an then a $1+ climb the second day after that before cycling back down. The chaikin osc. met but didn't pnentrate the moving average, but it made it worth watching for Monday.

lastshadow