Is Cisco´s Hammer on weekly graphs a real bottom figure???
Seeking Alpha Analyst Since 2010
I´m an individual investor that´s writting a blog for Spanish readers about North-American Markets to share information and investment ideas in the other side of wide Atlantic. Improving knowledge about North American markets to Spanish investors will help to improve confidence to make global markets more liquid.. Regards.
Cisco finish the week in an upbeat tone, draining some shorts with a nice Hammer on weekly graphs; it seems to me a nice technical action that could lead Cisco market price value higher.
SKT are crossing in the low band, and we can see some accumulation on daily graphs.
A real bottom??.. i bet for it. we´ll see next week.
Have a nice easter holidays
Love from Spain.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.