We sold half of our CSCO on Monday at $49.06. The chart was looking very good, but with earnings coming up on Tuesday afternoon we opted to take profits on half the position, allowing us to leave the rest through earnings. Earnings came out and beat estimates for both EPS and Revenue, however, the stock is down about 4% anyway. Sometimes market reactions after earnings are overdone. We’re going to move our stop on the … read more Trade Update
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