Cisco at support? We look to Buy at 41.75 (stop at 40.34)
We look to Buy at 41.75 (stop at 40.34)
This stock has recently been in the news headlines. Further upside is expected although we prefer to buy into dips close to the 42.00 level. Trading close to the psychological 40.00 level. Posted a Bullish Hammer Bottom on the Daily chart .
Our profit targets will be 45.31 and 52.00
Resistance: 44.00 / 45.00 / 50.00
Support: 42.00 / 36.50 / 30.00
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