Trade - CSCO
I entered an initial position in CSCO via the April 25 options. I have been touting the fundamental back drop on the company, and Chambers has consistently said its results will be lumpy, yet the stock got punished due to the last quarter. (search CSCO in the search box to see other posts on it.)
I think the chart says a position is merited here.
The daily is oversold:
The weekly is sitting on support:
