Cisco Systems, Inc. (CSCO) Tests $20

By Tim - http://stockstobuy.org

The following is technical analysis on Cisco Systems, Inc. (CSCO) stock for November 11, 2010

Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 11/11/10

Resistance Levels: $23

Support Levels: $20, $19.82, $19

http://stockcharts.com - Chart

Cisco Systems, Inc. (CSCO) is getting hammered this morning after earnings, guidance, and margins did not make Wall Street happy. Cisco Sytems came in with earnings per share of $0.42 vs $0.40. Cisco Systems Inc stock is now testing $20 in early trading. Cisco Systems is a strong buy below $21.50 for the long term with support located between $19.80-$20. If support is broken, $19 could be tested

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