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Saturday, April 9, 2011

Cisco Systems Inc CSCO Stock Analysis 4/9/11

By Tim - http://stockstobuy.org

The following is technical analysis on Cisco Systems, Inc. (CSCO) stock for April 9, 2011

Cisco Systems, Inc. (CSCO) Support & Resistance Levels - 4/9/11

Resistance Levels: $18.29, $18.56

Support Levels: $17.00

http://stockcharts.com - Chart

Cisco Systems, Inc. (CSCO) - Cisco Systems, Inc. (CSCO) failed at $18 on Friday but is still in a mini uptrend. CSCO will have resistance up at $18.29 as well as $18.56 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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