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Sunday, February 5, 2012

Cisco Systems, Inc. (CSCO) Technical Analysis - 2/5/12

The following is Cisco Systems, Inc. (CSCO) Technical analysis for February 6, 2012

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 2/6/2012


Resistance levels: $20.51, $20.35
, $20.22

Pivot Point: $20.06

Support levels: $19.93, $19.77, $19.64



Share of Cisco Systems, Inc. (CSCO) is closed $20.22 on Friday.CSCO will have resistance around $20.50 and followed by $22.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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