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Tuesday, January 17, 2012

Cisco Systems, Inc. (CSCO) Technical Analysis - 1/17/12

The following is Cisco Systems, Inc. (CSCO) Technical analysis for January 17, 2012

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 1/17/2012


Resistance levels: $19.48, $19.32
, $19.19

Pivot Point: $19.03

Support levels: $18.90, $18.74, $18.61



Share of Cisco Systems, Inc. (CSCO) is closed $19 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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