CSCO, Cisco Systems Inc., showing bull signals on the Person's PPS confirmed by a money flow index oversold bounce. Currently trading at 23.40, below a flat MA20, with upside price resistance at 24.50. The earnings announcement scheduled after market close today. The risk: A downside earnings surprise. But the signals suggest the current money is positioning toward the upside.
Also watching: BAC, INTC, IWM, GE, AMD. These issues are showing an MFI oversold bounce, but lack the bull signal.
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