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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST

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To: lamont smith who wrote ()6/7/2000 7:44:00 PM
From: rakitup  Read Replies (1) of 2694
 
Cypress seems to be forming a strong inverted head and shoulders pattern here....once complete a breakout will target 68-69 or above. I bought the shares just recently at 42 and change and sold at 52.06 for a nice gain, but I believe it is going much higher.

Buy on a close above the 52.06 figure if volume is sufficient. This will complete the inverted head & shoulders formation.

If volume is over 3.4 million shares and trading over 52.06, buy with both hands as this volume will blow it right thru the old high of 57.75. This may be my favorite issue right now.

Fundamentals and earnings are solid...and, do I hear bluetooth in here?

Rak up a winner.
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