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Is Cisco´s Hammer on weekly graphs a real bottom figure???

Apr. 22, 2011 8:33 AM ETCSCO
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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.

Good Morning:
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.

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