Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Stock pick for 01/06/2012

Stock pick for 01/06/2012

 


CSCO - long

Technical view: Odds for daily/weekly triangle break up and buying continuation. I will look CSCO only as swing trade. Best will be if CSCO will give us consolidation day what will decrease risk and if you will watch 15 min or 60 min chart you can see that CSCO didn’t give us much rest and because of that more consolidation will be best. – That was CSCO yesterday technical view. We got that consolidation and I still like possibility. I think that risk is lower than yesterday and I will use same trading plan.

 


 

 

 

Membership benefits
  • Live Member Chat Room
  • Picks With Full Trading Plan
  • Exact Entry and Target Signals
  • Technical Analysis of Stock Picks
  • 15-Day Trial Period

Start trial

 



 

"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."

Debbie Groll

more testimnonials ...