Let's take a technical look at the shares and come up with a trading strategy.
Cisco could frustrate the longs and trade sideways but at some point in the near future another upside attempt at new highs is likely.
Our latest trading strategy on this non-cloud tech name.
There are some solid individual names in tech, but traders must be selective.
Shares of Apple managed to overcome the onslaught of unflattering headlines on Monday, finishing the day in the green.
Is this a new threat or a negotiating tactic?
Apple may have larger legal fish to fry than the much-publicized Qualcomm quarrel.
The news of the injunction is shifting shares sharply downward as has drastically changed the perceived progress of the two companies' relationship.
Top of mind for investors when considering Apple is the whipsaw relationship between the United States and China.
Shares finished the day up 2.14% to $37.67 after beginning trading as low as $35.28.