Sunday, September 1, 2013

Cisco Headed towards $40 by 2014 or by early 2015

Cisco - Spectacular breakout, retesting in process. Buy Cisco at $23.30-23.80 SL $20 on closing basis, Cisco has all potential to touch $40 by 2014. Risk $3 and Reward $16 so RRR is 1:5.3

Cisco is having best chart among technology space so I am very much optimistic on Cisco business over 1-1.5 years. Return over 1-1.5 years on Cisco would be 66-70%.. 

I am highly upbeat on this technology company over next few years.


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