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To: jjstingray who wrote (70684)4/7/2003 11:59:49 AM
From: shoreco  Respond to of 209892
 
Breaking out of what??

Look at the volume bars and the black candles...

They manage to gap CSCO up, but it fails to hold it's gains...

IMO, Adjust those lines and throw out the Jan. highs (false breakout) and you have a perfect downward regression channel, w/a target of $12 in the not so distant future...

EOM
Shoreco

PS
Discloser, I have no interest in CSCO long or short...