Hot stock for tomorrow - CSCO
Tuesday, May 08, 2007
Cisco shares fell more than 5% in extended trading after reported net income of $1.9 billion, or 30 cents a share, in the quarter ended April 28. That compared with $1.4 billion, or 22 cents a share, in the year-earlier period, and revenue climbed 21% to $8.87 billion from $7.32 billion. Looking at the technical chart and follwing the reaction in after -hours stock will probably test 25$ support, keep an eye on CSCO tomorrow.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: CSCO