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Friday, January 26, 2007 

Analyst downgrade CSCO

Chart courtesy of stockcharts.com

Citigroup’s Paul Mansky, dropped CSCO firm’s rating to Hold from Buy saying its difficulty with the company lies with the apparent mutual-exclusivity between revenue growth and operating margin expansion. Stock was up 0.13 or 0.5% to 26.35, recovering from morning declines. The technical chart are showing some improvement by the indicators MACD and RSI, but I'm still cautions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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