CSCO one look from past

YTD Custom FIBZ Draw - Again, watching the longer term 50% Retracement and how the stock reacts to it on a pullback. I like to think of the 61.8%  as an oversold zone. I have often seen stocks violate the 50%, rest at 61.8% and then reclaim the 50% for a strong move higher- Cool stuff-


http://content.screencast.com/users/MrSoul70/folders/Jing/media/661b661c-e539-446d-928d-7d6056d518c4/2014-11-12_1033.png