By Tim - http://stockstobuy.org
The following is technical analysis on Cisco Systems, Inc. (CSCO) stock for February 9, 2011
Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 2/9/11
Resistance Levels: $21
Support Levels: $20, $19.82, $19
http://stockcharts.com - Chart
Cisco Systems, Inc. (CSCO) is back to $20 after the company reported inline earnings but weak guidance for the third straight quarter. Cisco Systems Inc currently has support located at $19.80-$20 and remains a strong buy below $21 for the long term. Cisco Systems will eventually get it right and deliver an earnings report that Wall St likes. Cisco Systems, Inc. (CSCO) should be able to hold $19 which is solid support right now.
Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 2/9/11
Resistance Levels: $21
Support Levels: $20, $19.82, $19
http://stockcharts.com - Chart
Cisco Systems, Inc. (CSCO) is back to $20 after the company reported inline earnings but weak guidance for the third straight quarter. Cisco Systems Inc currently has support located at $19.80-$20 and remains a strong buy below $21 for the long term. Cisco Systems will eventually get it right and deliver an earnings report that Wall St likes. Cisco Systems, Inc. (CSCO) should be able to hold $19 which is solid support right now.
For more Technical Analysis - Go Here
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
