Cisco Systems (CSCO)

Cisco Systems has been in a unique trading range for the past thirteen years.  This has enabled the long term trader, following our system, to make a lot of money on four separate occasions during that time. Strong “V’s” were formed each time Cisco Systems’ stock dropped below its “Value” line. Therefore if the company misses on its next earnings report, we could easily see its stock price repeat the pattern for a fifth time.  But then again, if Cisco Systems has a great earnings report then it should continue its upward momentum and work off the “V” that recently formed at $20.  So it all depends on how Cisco System’s earnings report will turn out, which should give us a clear direction on what we should do.