TRADOMICS_

CSCO Cisco systems entry long after positive MA 200 test

Long
NASDAQ:CSCO   Cisco Systems, Inc.
After a poistive test of MA 200 the chart shows divergence on RSI. Actually the price has been traded ina a triangle since may, MACD is getting in bullish mode and what we see in the chart is a bullish wedge. Resistence between 43 and 43,25, tp1 at least 46 dollars

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.