Tuesday, March 20, 2012

Cisco - Ready to breakout?

CSCO kept above "our window" and is testing the highs again. Breakout (above 20.49)?
Above previous "double top", buy weakness targeting 21.25 or even 22.22 (golden retracement).

A failure here would support a short term plan. One could defend a new test to the 10 (or 20) days e.m.average, if things get "uglier", a test to the year lows...


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