CSCO for the long-term investor

How to view the entire chart:


1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.


I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.


I Hope this helps,


Juan

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It has been several weeks since recommended CSCO based on RET analysis. Although I may have been wrong about the pullback, CSCO approached the 50dMA and bounced strongly, intraday. Since then, It seem to have signaled a bottom, and possibly a continued rally from here on. To review my analysis then, take a look at this video clip:

http://www.pathometrix.com/Movies/CSCO.mov

It my appear now that CSCO rallied to an impulse wave 3 and then quickly corrected down to the bottom of wave 4, and it is now again in rally mode.



Judging by the conventional T.A. analysis, The rally was corrected by 50%, at which time the stochastics triggered a buy signal.