Monday, February 22, 2010

Swing positions, quick charts CSCO

CSCO short looks good. Declining RSI and STOCH, bear diverg. 60min chart below.


Below is the daily. Bear wedge does have room to go higher, but decreasing vol, bearish MACD, bearish RSI. The daily candle is also bearish and the last 3 days have made MARGINAL small new highs.



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