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Technology Stocks : Network Appliance
NTAP 109.28-2.0%Nov 26 3:59 PM EST

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To: im a survivor who wrote (6025)2/1/2001 11:06:45 AM
From: Tulvio Durand  Read Replies (1) of 10934
 
....wonder how low she go's

Triple Bottom at 45 provides very strong support.

Below is Point and Figure chart


165 | 165
160 | 160
155 * | 155
150 ----------------------------X * --------------------+----------------------150
145 X X O * | 145
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 * | Top120
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 X O X O X * O X * 95
90 X O X X O X * O X O | * 90
85 O X O X O X * O X O X | * 85
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 O Med70
65 4 X O X X O X * O X O X O X X O 65
60 O X O X O X O X * O C O X O X O X O 60
55 O X O X O X O X * O X O | 1 X O X O 55
50 --O --O X O X O * ----------------------------O X --+-O --O --o------------50
45 O O * * O | 45
40 * | 40
35 * | 35
30 * | 30
25 ----* ----------------------------------------------+----------------------25


According to PnF:

- Great buying opportunity here.

- Break below 44 is sell signal.

- Break below 39 is "abandon ship" signal,
ie., there's no further support.

Tulvio
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