CTSH (was Re: [CANSLIM] Cognizent Technology Solutions)

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: CTSH (was Re: [CANSLIM] Cognizent Technology Solutions)
Date: Sun, 21 Jul 2002 18:06:59 -0400

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you could read it that way, but then would be only a 7 week cup =
formation. With 6/28 being only a single day spike, then immediately =
falling back to the base already formed and continuing at that level, I =
take the 6/28 as just part of the overall volatility and continue the =
cup until the b/o 7/16.

Also note that the volume on 6/28 (as well as 6/27) was below daily =
average, thus would not count as a b/o. Even the selling volume on 7/1 =
which took it back to the base was barely over daily average.

- ----- Original Message -----=20
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Sunday, July 21, 2002 5:59 PM
Subject: Re: [CANSLIM] Cognizent Technology Solutions


Tom: Take another look. Wasn't the right side of the cup completed on =
June 28th, followed by a 2 1/2 week handle, then the breakout on July =
16?=20

Charley=20

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<META http-equiv=3DContent-Type content=3D"text/html; =
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<DIV><FONT face=3DArial>you could read it that way, but then would be =
only a 7=20
week cup formation. With 6/28 being only a single day spike, then =
immediately=20
falling back to the base already formed and continuing at that level, I =
take the=20
6/28 as just part of the overall volatility and continue the cup until =
the b/o=20
7/16.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>Also note that the volume on 6/28 (as well as =
6/27) was=20
below daily average, thus would not count as a b/o. Even the selling =
volume on=20
7/1 which took it back to the base was barely over daily =
average.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3DChazmoore@aol.com =
href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Sunday, July 21, 2002 5:59 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] Cognizent Technology =
Solutions</DIV></DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Tom: Take =
another look.=20
Wasn't the right side of the cup completed on June 28th, followed by a 2 =
1/2=20
week handle, then the breakout on July 16? <BR><BR>Charley</FONT>=20
</FONT></BODY></HTML>

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