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Wednesday, April 6, 2011

Cisco Systems Inc CSCO Stock Analysis April 2011

By Tim -

The following is technical analysis on Cisco Systems, Inc. (CSCO) stock for April 6, 2011

Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 4/6/11

Resistance Levels: $18.15, $18.70

Support Levels: $17.00 - Chart

Cisco Systems, Inc. (CSCO) - Cisco Systems, Inc. (CSCO) is making a large move higher today on heavy volume. CSCO will have resistance up at $18.15 as well as $18.70 which is the 50 day moving average. Cisco Systems has support down at $17.60 on the as well as $17.30. Cisco Systems is a strong buy below $19 for the long term.

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