Replies to post #1457 on Cisco Systems Inc (CSCO)

[dabonenose]

I think csco may test the 20 day avg near 21. I have my re-buy in at that level if it hits.

It broke above a down trend line but is pulling back now. Many times they will test the convergance of the old down trend line and the B/O point from an ascending triangle if there is one.

In this case there is both plus the 20 day avg is converging there as well.

If it happens, it will be a quickie hit,,,lol.

GL y'all