{"id":1720,"date":"2013-05-16T15:06:57","date_gmt":"2013-05-16T15:06:57","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=1720"},"modified":"2013-05-16T15:06:57","modified_gmt":"2013-05-16T15:06:57","slug":"5-16-13-ciscos-breakout-on-weekly-chart","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=1720","title":{"rendered":"5.16.13: Cisco&#8217;s breakout on weekly chart"},"content":{"rendered":"<figure id=\"attachment_1721\" aria-describedby=\"caption-attachment-1721\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/2013\/05\/cisco51613.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1721\" alt=\"Click to enlarge\" src=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/2013\/05\/cisco51613-300x150.png\" width=\"300\" height=\"150\" srcset=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/2013\/05\/cisco51613-300x150.png 300w, https:\/\/fundamentalis.com\/wp-content\/uploads\/2013\/05\/cisco51613-1024x514.png 1024w, https:\/\/fundamentalis.com\/wp-content\/uploads\/2013\/05\/cisco51613.png 1913w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-1721\" class=\"wp-caption-text\">Click to enlarge<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Today&#8217;s chart and fundamental comment is an update of our March 7th <a href=\"https:\/\/fundamentalis.com\/?p=1370\">post<\/a> on Cisco (CSCO). Last night and this morning the key 200-month technical resistance level was taken out decisively, after Cisco resported quarterly results. Revenues rose 5%, operating profit rose 7% and CSCO said that enterprise and large-business tech spending was recovering.<\/p>\n<p>The next stop technically is the $28 area.<\/p>\n<p>Cisco has now gone from being a growth stock of the late 1990&#8217;s to a decent-dividend, low valuation, value stock of the 2000&#8217;s.<\/p>\n<p>Fundamentally, cash-flow generation is robust.<\/p>\n<p>We&#8217;ll have more later, but heed the 12% pop in the stock price on 3(x) average volume already today.<\/p>\n<p>Trinity Asset Management, Inc. by:<\/p>\n<p>Brian Gilmartin, CFA<\/p>\n<p>Portfolio manager<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Today&#8217;s chart and fundamental comment is an update of our March 7th post on Cisco (CSCO). Last night and&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-1720","post","type-post","status-publish","format-standard","hentry","category-csco"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/1720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1720"}],"version-history":[{"count":4,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/1720\/revisions"}],"predecessor-version":[{"id":1725,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/1720\/revisions\/1725"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}