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| 7/16/99 Cambridge Technology Partners (CATP)
Points to watch: CATP is at important resistance and is attempting to break out to the upside. CATP gapped down on March 19th. The stock closed the gap on an intraday basis on May 18th, and again yesterday, but failed to close the gap on a closing basis on both occasions. Yesterday the stock closed above its 200 day moving average (20.07) for the first time since August 7th 1998. Daily and weekly OBV have turned up, weekly stochastics has given a buy signal, and daily RSI is rising sharply. A close above the top of the gap at 20.75 would give a strong buy signal. Additional upside resistance is at 24.42, and the 55 day moving average (at 16.49) has acted as support since early June.
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