Monday, May 7, 2012

Cisco Systems, Inc. (CSCO) Technical Analysis May 7, 2012

The following is Cisco Systems, Inc. (CSCO) Technical analysis for May 7, 2012

Cisco Systems, Inc. (CSCO)  pivot & Support Levels - 5/7/2012


Resistance levels: $19.92, $19.72
, $19.42

Pivot Point: $19.22

Support levels: $18.92, $18.72, $18.42



Share of Cisco Systems, Inc. (CSCO) is closed $19.12 on Friday.CSCO will have resistance around $21.22 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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