SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff who wrote (13729)11/5/2002 7:09:01 PM
From: ajtj99  Read Replies (2) of 30712
 
Jeff, I think the upper BB's probably had just as much say in stopping the price of CSCO as the MA's you mention. On the daily you posted, we're at the upper BB's now. If we continue above, we could move up to the upper BB on the weekly at 15.29 I mentioned earlier. Currently we're at the middle BB on the weekly CSCO.

I believe the ramp without a pullback yet, Max Pain and options expiration, and the BB's on CSCO's chart tend to favor a drop after earnings. We'll see. The turn date is goofing things, but that date is +/- 2-days, and I think the Wed before options expiration may take over as the turn date, as that date historically has been volatile.

If we gapped and crapped on Thursday after a close on the high Wednesday, it would probably satisfy all parameters.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext