chanakya wrote:John:
Your CSCO studies prompted me to see what Smartp Strategy Grid says for this stock.

Please find attached.

SECULAR BUY is issued at > 25 WEEKLY/MONTHLY CLOSE for CSCO.

However, given the current status of all lower wave degrees 25 is the first target it is aiming for and it could prove to be a decent resistance for now.

Good luck!

The attachment 20121218 SSG CSCO.png is no longer available

A target set on 12/18, STOP never messed and we hit 24.68 today and now at the big resistance for CSCO at 25 even. A monthly close > 25+ = secular degree BUY. I will have to update the Smartp Strategy Grid to establish the STOPS, Targets and S/R. Let me know if anyone is interested