Sunday, March 4, 2012

Cisco Systems, Inc. (CSCO) Technical Analysis March 2012

The following is Cisco Systems, Inc. (CSCO) Technical analysis for March 5, 2012

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 3/5/2012


Resistance levels: $19.96, $19.90
, $19.83

Pivot Point: $19.77

Support levels: $19.70, $19.64, $19.57



Share of Cisco Systems, Inc. (CSCO) is closed under $20 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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