January 19, 2012

CISCO Weekly chart Analysis

  • CISCO Weekly chart shows an up move with decreasing volume.
  • Price is approaching 100 Week SMA. Weekly chart is closer to the cloud top. These two levels may act as resistance. 
  • If the resistance levels mentioned does not stop the up move Cisco may target the 50% Fibonacci level.
  • COPPER DAILY CHART ANALYSIS

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