Cisco walking the path of recovery

  • Is CSCO undervalued ?
  • Current resistance is at 21 (=level of July and the post gap low of august)
  • When breaking 21, next (strong) one at 22.
  • Main trend seems bearish, so put stop loss at 21

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s