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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Michael L. who wrote (11748)2/1/1998 10:49:00 PM
From: Doug R  Respond to of 79469
 
Michael,

I'm waiting for CPQ to go back to the recent short-term support line before getting in. I geuss you might call it quibbling over a small amount but I have the time to wait.

FAXX is in the retest area for the breakout as well as on the support you mentioned. It will be interesting to see if it can get past 4. I think if it recovers from this retest it will base out for a little while between 3 and 3 1/2 before making a continuation attempt.

Doug R


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