{"id":6598,"date":"2011-08-10T03:18:47","date_gmt":"2011-08-10T07:18:47","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=6598"},"modified":"2011-08-10T03:18:47","modified_gmt":"2011-08-10T07:18:47","slug":"cisco-812-year-lows","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/","title":{"rendered":"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit)"},"content":{"rendered":"

Anytime after the March, 2009 lows, if you had asked me which stock or stocks would break those lows within the next three years, Cisco (CSCO) would have been one of the furthest names from my mind. And yet, Tuesday (Aug 9), CSCO closed just 2% above its closing and intraday March, 2009 low. When CSCO hit its low of the day of $13.30, the stock cracked an 8 1\/2 year low.<\/p>\n


\n
\"A<\/a>
A long and steady drop: Cisco has been cut in half since its 2010 peak with several large gap downs along the way<\/figcaption><\/figure>
\n
\n
\"Where<\/a>
Where will CSCO finally find lasting support?<\/figcaption><\/figure>
\n<\/center>
\n<\/p>\n

A lot has been said about how CSCO has suffered company-specific problems. However, after fiber optic networking stocks started selling off with Finisar’s (FNSR) breakdown in March of this year, and then Juniper (JNPR) – one of CSCO’s most successful competitors – dropped 21% in one day in response to earnings, I began to wonder whether CSCO has really been a canary in the coalmine all this time. In fact, JNPR is now at prices last seen in April, 2009, filling a gap up printed at that time. JNPR has lost 52% from its February\/March highs. This means in five months JNPR has roughly lost what it took CSCO 16 months to lose.<\/p>\n


\n
\"JNPR<\/a>
JNPR is now collapsing even more rapidly than CSCO<\/figcaption><\/figure>
\n*All charts created using TeleChart<\/a><\/strong>
\n<\/center>
\n<\/p>\n

Time will soon tell whether there is something fundamentally wrong with the entire networking space.<\/p>\n

Be careful out there!<\/p>\n

Full disclosure: long CSCO<\/p>\n","protected":false},"excerpt":{"rendered":"

Anytime after the March, 2009 lows, if you had asked me which stock or stocks would break those lows within the next three years, Cisco (CSCO) would have been one of the furthest names from my mind. And yet, Tuesday (Aug 9), CSCO closed just 2% above its closing and intraday March, 2009 low. When … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[483,219,62],"tags":[254,255,683,682],"class_list":["post-6598","post","type-post","status-publish","format-standard","hentry","category-breakdown","category-high-tech","category-technical-analysis","tag-cisco","tag-csco","tag-jnpr","tag-juniper-networks"],"yoast_head":"\nChart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit) - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit) - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"Anytime after the March, 2009 lows, if you had asked me which stock or stocks would break those lows within the next three years, Cisco (CSCO) would have been one of the furthest names from my mind. And yet, Tuesday (Aug 9), CSCO closed just 2% above its closing and intraday March, 2009 low. When ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-10T07:18:47+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/08\/110809_CSCO.jpg\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Chart Review: Cisco Hits 8 1\\\/2 Year Lows (And Juniper Is In Hot Pursuit)\",\"datePublished\":\"2011-08-10T07:18:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/110809_CSCO.jpg\",\"keywords\":[\"Cisco\",\"CSCO\",\"JNPR\",\"Juniper Networks\"],\"articleSection\":[\"Breakdown\",\"High Tech\",\"Technical Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/\",\"name\":\"Chart Review: Cisco Hits 8 1\\\/2 Year Lows (And Juniper Is In Hot Pursuit) - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/110809_CSCO.jpg\",\"datePublished\":\"2011-08-10T07:18:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/110809_CSCO.jpg\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/110809_CSCO.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2011\\\/08\\\/10\\\/cisco-812-year-lows\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chart Review: Cisco Hits 8 1\\\/2 Year Lows (And Juniper Is In Hot Pursuit)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit) - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/","og_locale":"en_US","og_type":"article","og_title":"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit) - ONE-TWENTY TWO: Trading Financial Markets","og_description":"Anytime after the March, 2009 lows, if you had asked me which stock or stocks would break those lows within the next three years, Cisco (CSCO) would have been one of the furthest names from my mind. And yet, Tuesday (Aug 9), CSCO closed just 2% above its closing and intraday March, 2009 low. When ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2011-08-10T07:18:47+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/08\/110809_CSCO.jpg","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit)","datePublished":"2011-08-10T07:18:47+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/"},"wordCount":279,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/08\/110809_CSCO.jpg","keywords":["Cisco","CSCO","JNPR","Juniper Networks"],"articleSection":["Breakdown","High Tech","Technical Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/","url":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/","name":"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit) - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/08\/110809_CSCO.jpg","datePublished":"2011-08-10T07:18:47+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/08\/110809_CSCO.jpg","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/08\/110809_CSCO.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2011\/08\/10\/cisco-812-year-lows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"Chart Review: Cisco Hits 8 1\/2 Year Lows (And Juniper Is In Hot Pursuit)"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/6598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=6598"}],"version-history":[{"count":3,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/6598\/revisions"}],"predecessor-version":[{"id":6604,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/6598\/revisions\/6604"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=6598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=6598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=6598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}