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Technology Stocks : Cascade Communications (CSCC)
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To: MoonBrother who wrote (2615)2/28/1997 11:26:00 AM
From: Andie Wei-Ku Lin   of 3743
 
CASCADE UPPER AND LOWER RANGES BASED ON MAVERICK TRADING SYSTEM

I don't want to bore non-technicians with technical analysis,
but for those who are interested, here are some basic numbers.

Cascade should be bound on the upper and lower ranges by
32 1/2-32 3/4 and 29-29 1/2, respectively, based on Fibonacci
analysis. Further, there is resistance on the upside at 31
for the day.

Further upside resistance which corners any upside breakout
is strong resistance at 34 1/4-34 1/2, which I wrote about
a few days ago.

Andie Lin
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