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eaglenest
eaglenest
P&P Score: 5.43   Points: -28.68   Accuracy: 57.14%   Average Pick Score: -0.12   Annual Return: -8.72% (-27.40% since 4/4/09)  

eaglenest's Blog : Cisco Systems (CSCO) navigating on long term dynamic support

Date June 21, 2011    Comments Comments (3)    Rate this post Recommend This Post (58)   
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Good Afternoon:Today Cisco Systems is up with medium volume and reach dynamic long multiyear support.On intraday charts on hourly graphs is drawing a nice inverted shoulder-head-shoulder, sign that bottom is in the charts.On long term graphs CSCO is navigating on it´s monthly pivot point over a dynamic channel linking multiyear lows.Cisco´s fundamentals are great and dividends are near in time; so Cisco presents a nice entry point with a favorable risk-reward equiation to enter a long position and benefit from Cisco´s bright future in it´s infraestructure IT business.Love from Spain.www.elnidodelaguila.com

Tags : CSCO  

3 Comment(s):

Author JaiH     Date June 22, 2011 05:49 Abuse this post Report Abuse
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There are about 6000 stocks in the USA, why are you stuck on this POS.
Author eaglenest     Date June 22, 2011 11:23 Abuse this post Report Abuse
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Hi JaiH:
I´m firmly convinced that Cisco Systems is widely undervalued.
In my humble opinion infraestructure IT business will be a great business in the near term future ´cause it could be a big data traffic jam.
Smartphones are jamming carriers data nets, so carriers will need to invest wide to transform rural data ways into wide data highways.
Cisco is a plumber of the net it has the best quality controls and is strongly investing to improve safe data traffic business.
It´s difficult to find value in today markets, and CSCO is for me a hidden gem, ready to explode.
Have a nice day.
Author JaiH     Date June 22, 2011 12:15 Abuse this post Report Abuse
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eagle
That is a lot better explanation than your blog, put that in a blog.
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