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Tag: CSCO

  • CISCO can it breakout above 50wma?

    CISCO can it breakout above 50wma?

    Last Friday, Cisco stock was assigned to me as part of an expiring Put Options contract.  For now, I plan to hold the position as a short term trade. The drop in Cisco started last quarter when management lowered guidance based on expectations of a global slowdown.  However, if Cisco is so concerned about a…