Be Patient With Cisco

I find it a good idea to regularly look back at recent charts of stocks that have been in free fall. That's why we reviewed Cisco (CSCO) last month, which tumbled 13% during the Nov. 14 session. This represented day 1 of our 3-day rule, and the stock ended that session at $21.36.

If you recall, the rule says we must wait of the stock to finish above that day 1 close before we can buy. If you wish to add further to the position, you must then wait for the stock to close above the first level -- the 0.236 retracement level, or $21.69....64 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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