By Tim - http://stockstobuy.org
The following is technical analysis on Cisco Systems, Inc. (CSCO) stock for November 12, 2010
Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 11/12/10
Resistance Levels: $21
Support Levels: $20, $19.82, $19
http://stockcharts.com - Chart
Cisco Systems, Inc. (CSCO) is still very wounded after CEO John Chambers gave a cautious outlook yesterday. Cisco Systems Inc currently has support located at $19.80-$20 and remains a strong buy below $21 for the long term. All Cisco Systems will have to do is give positive guidance and the stock goes back to $24 easily. This will happen sometime in 2011.
Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 11/12/10
Resistance Levels: $21
Support Levels: $20, $19.82, $19
http://stockcharts.com - Chart
Cisco Systems, Inc. (CSCO) is still very wounded after CEO John Chambers gave a cautious outlook yesterday. Cisco Systems Inc currently has support located at $19.80-$20 and remains a strong buy below $21 for the long term. All Cisco Systems will have to do is give positive guidance and the stock goes back to $24 easily. This will happen sometime in 2011.
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Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
