ARTICLE SYNOPSIS...Checkpoint Systems gapped down in early March and has yet to recover. Signs of distribution within the consolidation suggest a downside break.
ARTICLE SYNOPSIS...With the recent news that Microsoft will enter the market for security software, Checkpoint Software filled a gap and momentum turned negative.
ARTICLE SYNOPSIS...After turning rather boring in September and most of October, Checkpoint Systems came back to life with a resistance breakout on big volume.
ARTICLE SYNOPSIS...After a large symmetrical triangle consolidation, Checkpoint Software broke resistance on expanding volume to usher in a significant trend change.