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

To: RetiredNow who wrote (60007)	6/27/2002 10:14:26 AM
From: faqsnlojiks	Read Replies (1) \| Respond to of 77400

stockcharts.com Sure...this is a Point & Figure chart and without going into detail, it shows that CSCO is near short term support at $12.5. This is somewhat important technically as a break of the 12.5 level would indicate continued weekness, whereas if hold of this support level is bullish and indicates CSCO should trade to the top of it's trading band to 16 before resistance is encountered. Tom Dorsey's book, "Point and Figure Charting" is an excellent resource to understanding P&F charting. Regards, -XJO