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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.49-11.7%12:14 PM EST
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To: bambs who wrote (46003)1/4/2001 3:25:46 PM
From: The Phoenix   of 77400
 
bambs,

I don't see much resistance at $45... the move yesterday and the follow through today is pretty decisive for CSCO.
There is some good resistance in the low 50's for CSCO.... a move to $53 would
signal a time to sell any shorts on dips. Still, I would not
expect a move straight up to $50 from here.... We will see the gap filled.

66 * | 66
65 -------* --------------------------------------------------| --------------65 -
64 * | 64
63 X X * | 63
62 X O X O * | 62
61 X O X O * | 61
60 -X O X O --------* --* ------------------------------------| --------------60 -
59 X O O X X * X * | 59
58 O X O X O X O * | 58
57 O X O X O X O * X | 57
56 O X A X O X X O X O * | 56
55 -------O --O --O X O X O ----B O --------* ----------X * --| --------------55 -
54 O X O X O X X O X X X * X O * | 54
53 O X O X O X O X O X O X O X O * X X O * 53
52 O X O X O X O X O X O X O X O * X O X O | 52
51 O X O X O X O X O X O X O * O X X O X O | Med51
50 ---------------O X O --O --O X O X O * * --O X O X O X O --| --------------50 -
49 O O X O X * O C O X O O | 49
48 O X O * O X O X O | 48
47 O X * O X O X * O | 47
46 O * O O X * O | 46
45 ---------------------------* ------------------O * ----O --| --------------45 -
44 * O | x 44
43 O | x 43
42 O X | x 42
41 O X O x 41
40 -------------------------------------------------------O X O x-------------40 -
39 O X O x 39
38 O X O x 38
37 O X O x 37
36 O 1 x 36
35 -----------------------------------------------------------O x-------------35 -
34 O x 34
33 O x 33
32 O 32
31 | 31
30 -----------------------------------------------------------| ---------- Bot30 -
29 | 29
28 | 28
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