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Monday, July 25, 2011

Cisco Systems, Inc. (CSCO) Technical Analysis 7/25/11

The following is Cisco Systems, Inc. (CSCO) Technical analysis for July 25, 2011 

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 07/25/2011


Resistance levels: $16.80, $16.65
, $16.55

Pivot Point: $16.40

Support levels:$16.30, $16.15, $ 16.05



Cisco Systems is nice rebound from low $14 last few days.Resistance area is $16.76 and followed by $17.92 and support area is $14.72. Cisco Systems is a strong buy here for the long term.Cisco Systems is a strong buy below $15 share for long term buy list  for 2011 because of this stock will be come just need patience.Cisco Systems is a strong buy below $15 per share for long term buy list  for 2011.But stock will stay this range long term.I am looking for next 12 months $24-$25 price target. 


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