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Technology Stocks : Check Point Software (CHKP) -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (2319)5/4/1998 11:03:00 AM
From: jkb  Read Replies (2) | Respond to of 7150
 
Anybody have a copy of the PW upgrade? What did they say?



To: blankmind who wrote (2319)5/5/1998 2:32:00 AM
From: Richard Jonec  Read Replies (1) | Respond to of 7150
 
To: Thread

Gap up on the open and strong close with good volume. Broke right through previous support level of 32 which in this sell off could have proven strong resistance. Still under the 200 day moving average, this may pose another area of resistance. We will need a close above 36 to break through this resistance level. My only concern is a close at the top of the bar this type of formation usually indicates a "short rally". Hence, the shorts are covering. If we have a weak close tomorrow look for a retest of previous support levels see post # 2308.
Kudos to members who got in early on Friday nice short term profits. Good luck to all.