October 5, 2012

CISCO Chart analysis

 
 
  • CISCO Weekly chart shows price unable to break above 200 Week SMA
  • Daily chart is above 200 Day SMA which will keep bulls interested for an up move.
  • Daily chart is also above the Ichimoku cloud. Breaking above 19.74 or the 200 Week SMA should give a trending move in favor of bulls. 

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