Radar/Study – CSCO

July 12, 2011

CSCO has been defending its Long Term low (double bottom from 08-09) and now has higher highs and lows on a daily basis. It has been resting below the ATR/50ma for 5 days and is now on watch list for breakout.  Initial target 17.  Possible pullback entry at 15.70+/- (see 3 min chart):

CSCO 3-Min

Picture 3 of 3

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