CSCO There is some chatter around that CSCO might be moving into the home electronics side of the business. While it is the end of the year, I am cautious of entering into positions before the new year, so it might be worth watching this one.

In the short term, the price has broken through a small bearish channel. It has been slowly pulling back, yet has found support at the previous resistance level of the bearish channel. POTENTIAL for a short term Head & Shoulders pattern to be forming, as with MANY other stocks out there. If you buy today, tomorrow, or Friday (best bet), look for target levels around 19.10-19.30, followed by 20.50. Stop loss would be a break of the new support level @ 15.47.  ¶ 11:17:00 AM