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Monday, March 12, 2012

Cisco Systems, Inc. (CSCO) Technical Analysis - 3/12/12

The following is Cisco Systems, Inc. (CSCO) Technical analysis for March 12, 2012

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 3/12/2012


Resistance levels: $20.11, $20.00
, $19.90

Pivot Point: $19.79

Support levels: $19.69, $19.58, $19.48



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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