I am watching CSCO for several days already. I missed breakout entry after breaking very important resistance in 29-30 USD area (see monthly chart).

CSCO is in good uptrend now and I think that for swing trading any pullback to 31-32 area could be very good opportunity to enter trade. I feel it also as possible position trade with targets about 40 USD.

This entry was posted on Friday, September 28th, 2007 at 3:58 pm and is filed under Stock chart analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.