A Bull Flag for Cisco
Cisco (CSCO) led the market higher with a big move above 24 last week. While the S&P 500 continued higher the last three days, Cisco stalled with a falling flag taking shape. Bullish flags slope down and form after a sharp advance. A break above 24 would signal a continuation of last week’s advance.
Click this chart for details.
Arthur. How do you set up for the comparison chart below. How do you do that?
Answer: In the indicator box, select "price". In the parameters section, add the symbol. You can then "position" $SPX behind CSCO.
Posted by: Jeffrey Young | November 12, 2009 at 12:52 AM