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Thursday, November 10, 2011

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

The following is Cisco Systems, Inc. (CSCO) Technical analysis for September 10, 2011 

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 11/10/2011


Resistance levels: $18.55, $18.29
, $17.95

Pivot Point: $17.69

Support levels: $17.35, $17.09, $ 16.75



Share of Cisco Systems, Inc. (CSCO) is now trading back  $18.50 in premarket trade because of good earning news in last night.CSCO will have resistance around $19.50 and followed by $20.50 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 2012 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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