New York (December 26th, 2012) - Cisco Systems Inc. (NASDAQ: CSCO), a designer, manufacturer and seller of Internet protocol (IP)-based networking and other products related to the communications and information technology industry, is marginally lower in mid-day trading today. At last check, CSCO was trading 0.09% lower at $19.81 on volume of 8.58 million, which is a fifth of the daily average volume of 43.53 million.
CSCO has seen a pullback in the last few trading sessions after rallying for over a month. The stock has slipped from $20.50 resistance level. CSCO currently has support at around $19.75. If the stock falls below this level then the downward slide could continue.
Last week, CSCO announced the completion of acquisition of Meraki.
Find out if this announcement could change CSCO’s momentum in the upcoming trading sessions by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=CSCO
Sirius XM Radio Inc. (NASDAQ: SIRI), the New York City-based satellite radio company with over 20 million subscribers, is lower in mid-day trading today. At last check, SIRI was down 0.51% to $2.93 on volume of 8.92 million, which is significantly below the daily average volume of 73.24 million.
SIRI last week broke through $2.80 resistance level. The stock had been struggling to break through this level for over a month. However, SIRI has failed to break through $3 resistance level. The stock currently has support at around $2.90. The stock could continue to slide if it falls below $2.90.
Find out more about SIRI by getting the fee full report here:
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities.Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors to be part of the Free VIP membership.Simply sign up for free and start receiving exclusive alerts.Subscribe Here: http://www.WallStreetReport.netDisclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.Contact Info: Michael BaineWALL STREET REPORTinfo@WallStreetReport.net347-905-5009