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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Kenya AA who wrote (38128)12/2/1998 10:34:00 PM
From: Liam  Read Replies (1) | Respond to of 97611
 
Kenya (or other TA guru's),
I'm TA-illiterate... could you possibly shed some light on the significance of the 50 and 200 day moving averages in relation to the current stock price (36 9/16) as indicated by:
quote.yahoo.com
Seems to me like the current price is high in relation to these historical averages, but I don't really know how to analyze these graphs. You've provided some nice TA input regarding how it is important to break out of the 34-35 range, so I'm curious as to what your thoughts are now regarding the near term (< 1 month) and longer term ( 1< month < 12 months) movement of this stock from a TA perspective.
LONG on CPQ!