February 12, 2011

CISCO Weekend update

  • CSCO gives another gap in daily chart before closing the previous one.
  • Price got resisted exactly at the 200 day moving average.
  • Price also broke the recent low 19 and closed below it.
  • Weekly chart shows a possible support line. Break of this line could push price down to 78.6% level which is near 16.64 levels.
  • TREND LINES OF APPLE

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