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Technology Stocks : CoSine Communications(COSN):

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To: Harold who wrote (67)6/2/2001 7:24:37 AM
From: TATRADER  Read Replies (1) of 124
 
note on COSN the rising bottoms, you can draw a trendline that shows a gradual upmove...First bottom was at 1.50, second bottom was at 2.00, third at 2.25 and our fourth, which we are now establishing is at 2.50.....We have attempted to take out 3.50, twice now...As in baseball, three strikes means you are out, I would venture to say that the next attack on 3.50 will be successful. It will bring us to our 4.00-4.50 target area, if not a tad higher....Thus far, I have not seen a technical breakdown, but I assure you if I do, I will be gone....This stock will either be a scratch trade for me or a VERY profitable one...

Regards, Mark
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