By Tim - http://stockstobuy.org
Cisco Systems, Inc. Stock Chart - The following is technical analysis for Cisco Systems, Inc. (CSCO) - August 12, 2010
Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 8/12/10
Resistance Levels: $23
Support Levels: $20.93, $20
Chart - http://www.stockcharts.com
Cisco Systems, Inc. (CSCO) is tanking this morning on worse than expected earnings guidance. Cisco Systems, Inc. held the $20.93 low so far today which is bullish. Cisco Systems has downside to about $20 but the stock will not go any lower than that level....it would just be way to cheap. Resistance is now located at $23. It's time to buy buy buy Cisco Systems!
Cisco Systems, Inc. (CSCO) is tanking this morning on worse than expected earnings guidance. Cisco Systems, Inc. held the $20.93 low so far today which is bullish. Cisco Systems has downside to about $20 but the stock will not go any lower than that level....it would just be way to cheap. Resistance is now located at $23. It's time to buy buy buy Cisco Systems!
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