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Sunday, April 22, 2012

Cisco Systems, Inc. (CSCO) Technical Analysis - 4/22/12

The following is Cisco Systems, Inc. (CSCO) Technical analysis for April 23, 2012

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 4/23/2012


Resistance levels: $20.22, $20.13
, $20.02

Pivot Point: $19.93

Support levels: $19.82, $19.73, $19.62



Share of Cisco Systems, Inc. (CSCO) is closed $19.91 on Friday.CSCO will have resistance around $21.65 and followed by $22.50.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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