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eaglenest
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eaglenest's Blog : CSCO presents heavy divergence between market´s price trend and Chaikin Money Flow.

Date May 31, 2011  Edited: May 31, 2011    Comments Comments (0)    Rate this post Recommend This Post (63)   
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Good Morning:I want to advise about heavy divergence between CSCO´s price trend and Chaikin Money flow oscillator, that shows heavy accumulation in Cisco´s shares lately. That divergence is on daily and weekly charts.That kind of divergences usually appears in Big Caps with great inertia to change market price trend.At today´s market´s price, CSCO is giving a nice entry point to Longs with a good reward-risk equation.Have a nice day...


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Tags : CSCO  

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