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


To: Yogizuna who wrote (42828)11/7/2000 9:58:47 AM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
Yogi,

Just goes to show you that different TA techniques will yield different results.
From this P&F charting technique CSCO clearly broke bearish resistance at $57. A
pullback to $53 would be healthy then a move past $60 would be a quad top break out -
very healthy... with a triple top break out at $64. That said, I would be surprised
to see CSCO move through both $60 and $64 in one move. Rather, if indeed CSCO moves
higher (which after today seems like more than just a small challenge <g>) it'll take out
$60 fill to $56-$57 then move to $64.... BWDIK.

OG

73 73
72 72
71 71
70 -----------------* ------X --* --------------------------------------------70 -
69 X X * X O 9 * 69
68 * X O X O * X O X O * 68
67 ---* --------X O X O --* X O X O --* --------------------------------------67 -
66 * X O O X X O X O * 66
65 -X ----* X --X ----O X O X O X O ------* ----------------------------------65 -
64 X O 7 X O X * O X O X O X O * 64
63 X O X O X O X * O X 8 X O X O X X * 63
62 O X O X O * O O X O O X O X O * 62
61 * O O * O X * O X O X O * 61
60 -----------------------O X * --O X O X O --------* --* --------------------60 -
59 O * O X O O X X * X * Med59
58 * O O X O X O X O * 58
57 O X O X O X O * X 57
56 O X A X O X X O X 56
55 ---------------------------------------O --O --O X O X O ----B ------------55 -
54 O X O X O X X 54
53 O X O X O X O X 53
52 O X O X O X O X 52
51 O X O X O X O X 51
50 -----------------------------------------------O X O --O --O X ------------50 -
49 O O X 49
48 O X 48
47 O X 47
46 O 46
45 ---------------------------------------------------------------------------45 -
44 44
43 43
42 Bot42



To: Yogizuna who wrote (42828)11/7/2000 10:00:02 AM
From: The Phoenix  Read Replies (2) | Respond to of 77400
 
Yogi,

To continue with that last post. The 2-box chart presents a more compelling picture of a break
beyond $60.

OG

88 | | | | 88
86 | | | | 86
84 | | | | 84
82 | | | | X 82
80 --------+-+-+-+-----------X O --------------------------------------------80
78 | | | | X O 78
76 | | | | X O X Top76
74 | | | | X O X O 74
72 | | | | X O X O 72
70 --------+-+-+-+-------3 --X 4 X O X --X ----------X --* ------------------70
68 | | | | X X O X O X O X O X O X 7 X O X * 68
66 | | | | X O X O X O X O X O X O X O X O X O X O * 66
64 | | | | X O X O O O X O X 5 X O X O X O X O * 64
62 | | | | X O O X O X O 6 O O X O 9 * 62
60 --------+-+-+-+---X ------------O X O --O X ----8 ------O ------* --------60
58 | | | | X O X O X O X * Med58
56 | | | X 2 O O X O X X O B 56
54 | | | 1 O X O X A X O X O X 54
52 | | | X O X O X O X O X O X 52
50 --------+-+-+-X O ----------------------O --------------O --O * O X ------50
48 | | | C * * O X 48
46 | | | X * O 46
44 | | | X * 44
42 | | | X * Bot42
40 --------+-+-+-X ----------------------------------* ----------------------40
38 | | | B * 38
36 | | | 9 * 36
34 | | | 7 * 34
32 | | | 6 * 32
30 --------+-+-+-4 ------------------------* --------------------------------30
28 | | | X * 28
26 | | | 1 * 26
24 | | | X * 24
22 | | | C * 22
20 --------+-+-+-X --------------* ------------------------------------------20
18 | | | B * 18
16 | 1 | 7 * 16
14 | 9 O X * 14
12 | 5 O X * 12
10 --------+-2 6 X ----* ----------------------------------------------------10
8 | X O | * 8
6 | 9 | | * 6
4 9 9 9 9 * 0 4
2 4 6 7 9 8 0 2