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Sunday, October 23, 2011

Cisco Systems, Inc. (CSCO) Technical Analysis - 10/23/11

The following is Cisco Systems, Inc. (CSCO) Technical analysis for October 24, 2011 

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 10/24/2011


Resistance levels: $18.00, $17.80
, $17.59

Pivot Point: $17.39

Support levels: $17.18, $16.98, $ 16.77



Share of Cisco Systems, Inc. (CSCO) is now trading back  $17.CSCO will have resistance around $18.50 and followed by $19.50 which is gap between $19.50 to $20.50 need to watch 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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