Cisco Systems, Inc.

CISCO

120
Cisco is still very hot, 4th of april it will go ex dividend. I'm still holding options till the 18th of april. This rally could go as far as 60,15 where it faces another quantum price resistance. I'll patiently wait and hold for now. Next week if a buying opportunity forms I'll buy more options with a longer expiry.

S&P 500 also is at the edge of a trading range, I'm waiting from the sidelines to see what will happen. I'am bullish on the index also, refer to previous posts for resistance levels. I think it could retest 2912 levels soon.

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