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Sunday, December 18, 2011

Cisco Systems, Inc. (CSCO) Technical Analysis - 12/18/11

The following is Cisco Systems, Inc. (CSCO) Technical analysis for December 19, 2011 

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 12/19/2011


Resistance levels: $18.85, $18.69
, $18.26

Pivot Point: $18.10

Support levels: $17.67, $17.51, $17.08



Share of Cisco Systems, Inc. (CSCO) is now trading $17.94 on Friday.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.
This is my one of the Top Pick for 2012.


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