Cisco Systems, Inc. (CSCO) pivot & Support Levels - 1/9/2012
Resistance levels: $19.12, $19.06, $18.95
Pivot Point: $18.89
Support levels: $18.78, $18.72, $18.61
Share of Cisco Systems, Inc. (CSCO) is closed $18.85 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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