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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (39528)8/15/2000 9:38:38 AM
From: The Phoenix  Read Replies (1) | Respond to of 77399
 
Yogi,

CSCO will be trying to break above down-sloping trend-line resistance today or tomorrow

What kind of TA product are you using? On P&F Cisco broke through the "downsloping trend
line resistance when it broke 67. BRL was taken out. A move
to 65 would be bullish and that would seem to indicate THIS is THE dip. Especially given the
trading band we've been in lately. Here - take a look.

EDIT... just noticed also that a move to 65 today will put in a new bullish support at 61.

73 73
72 72
71 * 71
70 -O * --------------------------* ------------------* ------X --------------70 -
69 O * X * X X * X O 69
68 O * X O * X O X O * X O 68
67 -O X ----* --------------------X O --* --------X O X O --* X O ------------67 -
66 O X O * X O * X O O X X O 66
65 -O X O ------* --------X --X --X O X ----* X --X ----O X O X O -------- Med65 -
64 O O * X O X O X O X O 7 X O X * O X O X O 64
63 O * X O X O X O X O X O X O X * O X 8 X O 63
62 O X * X O O O O X O X O * O O X O 62
61 O X O * X * O O * O X 61
60 -----O X O --------X --6 --------* ----------------------O X --------------60 -
59 O X O X O X * O 59
58 O X O X X O X * 58
57 O O X O X O * 57
56 O X O X * 56
55 ---------O X --X O X --* --------------------------------------------------55 -
54 O X O X O X * 54
53 O X O X O * 53
52 O X O X * 52
51 * O X O * 51
50 -----* --O --* -------------------------------------------------------- Bot50 -
49 * 49
48 * 48
47 47
46 46