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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (5264)3/19/1998 7:41:00 AM
From: TATRADER  Respond to of 7396
 
Paul, CPQ is getting very close to a reversal...RS moved from 19 to 20 yesterday, and stock did not make a lower low...But I would wait for two items if you want to play the reversal, that is two days in a row when a lower low is not made, and on day three, double the average volume and a higher low...Also would like to see the ADX hold at same level or go down from present level..(it still is displaying strong downtrend) Regards, Mark