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Monday, August 22, 2011

Cisco Systems, Inc. (CSCO) Technical Analysis - 8/22/11

The following is Cisco Systems, Inc. (CSCO) Technical analysis for August 22, 2011 

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 08/22/2011


Resistance levels: $15.95, $15.70
, $15.39

Pivot Point: $15.14

Support levels:$14.83, $14.58, $ 14.27



Share of Cisco Systems, Inc. (CSCO) is now trading back at $15. CSCO will have resistance around $16.85 now.Cisco Systems is a strong buy below $15 share for long term buy list  for 2011 because  this stock will be come just need patience.But stock will stay this range long term.I am looking for next 12 months $24-$25 price target.


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