not_yoda

CSCO before earnings

Long
not_yoda Updated   
NASDAQ:CSCO   Cisco Systems, Inc.
looks like CSCO is going to flirt w/ the 46.23 until earnings on 5/16. assuming we have a positive report, CSCO just might gap up into the blue square; if not, we could gap down into the red square... which would make me sad that i closed out the top half of my previous strangle ;)
Comment:
ok... down it is :) i'll guess that it trades down to the daily 100 SMA... i'll increase my position there.


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