Cisco Systems, Inc.Updated CSCO will it break resistance?
Taken a long position prior to the Q3 results. On the two day chart, I am waiting to see if price momentum can be supported by volume (indicated by the 2 highlighted circles). If it can break resistance to the upside, I may consider to add to my position. If not I will exit with a very small profit.
Trade active
Still holding. Short term resistance broken, next resistance set at around $50Trade closed manually
Closed @49.52
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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.