CSCO seems to be following technically the footsteps of INTC and MSFT. MSFT has run a lot but INTC looks to be on that pathway as well with CSCO just starting. Nice round basing pattern then pop goes the weasel. I like it long. Especially if it continues like INTC and MSFT has. Feels like the 90's all over again :)
I look at the pattern and volume. Seems to be breaking out bullish. With the bullish divergence this may be a nice trade. Maybe because of the huge move today we get a intraday pullback or a few inside days then continuation. Weekly averages are near if those are broke this thing will roar back to life.