Compression release should be on the intake for this engine. Bottom valve is closest to the compression release mechanism on the camshaft. Remove the valve cover, and the spark plug, Rotate the engine over by hand and watch the valves open and close. Just before TDC compression stroke you should see the intake valve completely close and then the rocker will tighten up and push the valve open just a few thousandths of an inch before it closes. Without that bump the compression release isn't working and then you get into replacing the camshaft.