Cisco Systems Inc. (CSCO)
Read the full article: http://short-termtrading.blogspot.com/2008/08/cisco-systems-...
On the weekly chart interesting postive divergence of MACD.
On the daily chart after the up gap, prices have printed a nice support at $23.85. Friday's price action should allow the restest of the resistance at in the $25 area. The trend is up in this time frame. I used the force index indicator to indicate the trend (blue and red candles).
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