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Technology Stocks : CISCO FOR TECHNICAL TRADERS
CSCO 46.64-2.4%Oct 8 3:05 PM EST

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To: ehasfjord who wrote (114)4/10/2003 12:55:50 PM
From: SouthFloridaGuy  Read Replies (1) of 116
 
Put it on the record. The CSCO chart looks like sh!t. The OBV is declining and breaking new ground for the current period. We have a clear descending triangle with support at 12.75. Some big volume days two weeks ago tell me that there is way too much pressure and 12.75 will break, taking us down 20-25% quite fast.
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