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Technology Stocks : Cascade Communications (CSCC)

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To: kvogel who wrote (2705)3/6/1997 10:20:00 AM
From: Tenpole   of 3743
 
The bottom is getting closer - a speed resistance fan on the daily price over the last 6 weeks shows it slowly gaining strength in the decline. That 24 1/2 low and the next day was a classic reversal and should the price test that again, a double bottom is possible which could take it back over 32 and on to test the resistance at 34. If it falls through 24 1/2, run....
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