CSCO Jumps 4% Off Earnings
Posted on Wed 7th Feb, 2007 10:29:04 AM
Shares of Cisco Systems (CSCO) got a boost today after showing off impressive quarterly earnings that beat Wall Street expectations. The network equipment maker is up over a dollar as of 10:27 AM on volume of 55 million and climbing. As seen on this chart the next resistance point is about $29 a share; CSCO currently has an intraday high of $28.85. Expect volume to break 100 million again today.
