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Technology Stocks : Network Appliance
NTAP 111.56+2.1%Nov 28 9:30 AM EST
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To: Allegoria who wrote (5879)1/24/2001 1:34:09 PM
From: Tulvio Durand  Read Replies (1) of 10934
 
Eric, Point and Figure chart looks very compelling.

60 is minor correction. Strong support at 50.

Price Objective is 130.

Looks to be good LTBH.

Tulvio



165                                                       |                    165 
160                                                       |                    160 
155                               *                       |                    155 
150 ------------------------------X * --------------------+--------------------150 
145                           X   X O *                   |                 Top145 
140                           X O X O   *                 |                    140 
135                           X O X O     *               |                    135 
130                           X O X O       *             |                    130 
125 --------------------------X A X O X ------* ----------+--------------------125 
120                           9 O X O X O X   X *         |                    120 
115                           X O   O X O X O X O *       |                    115 
110   X                   X   X     O X O X O X O   *     |                    110 
105   X O                 X O X     O   O   B * O     *   |                    105 
100 --X O ----------------X O X ----------* * --O ------* +--------------------100 
95  O X O                 X O X         *       O X       *                    95  
90  O X O             X   X O X       *         O X O     | *                  90  
85  O   O             X O X O X     *           O X O X   |   *             Med85  
80      O X           X O X O X   *             O   O X O |     *              80  
75  ----O X O ----5 --6 7 --8 X * ------------------O X O +-------X -----------75  
70      O X O     X O X     O *                     O X O X       X            70  
65      4 X O X   X O X     *                       O X O X O X   X            65  
60      O X O X O X O X   *                         O C O X O X O X            60  
55      O X O X O X O X *                           O X O | 1 X O X            55  
50  ----O --O X O X O * ----------------------------O X --+-O --O -------------50  
45          O   O * *                               O     |                    45  
40              *                                         |                    40  
35            *                                           |                    35  
30          *                                             |                    30  
25  ------* ----------------------------------------------+---------------- Bot25
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