January 27, 2014

CISCO Bearish Price action and support levels

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  • Weekly chart shows a Bearish Engulfing pattern at 50 Week SMA.
  • Daily chart shows MACD getting ready for a bearish cross. Crucial support at 50 Day SMA.
  • Price is also near the daily cloud. If price takes support at the cloud a trading bounce is likely to happen.
  • BLACKBERRY WEEKEND UPDATE
  • Bank of America Weekend update


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