20-percent-plus move in CSCO past six months prices in fair amount of optimism, stock vulnerable at least near-term

posted in: Derivatives, Equities, Technicals | 0

Unlike a consistent Steady-Eddie CSCO of the past, the company’s quarterly results of late have been a hit-and-miss.  In the U.S., business capex is lackluster but steady.  In November last year, CSCO spooked investors with a downbeat outlook.  In February … Continued