Cisco is still hesitant and has not yet made it above the resistance at $53.60. However, we expect the share to master this hurdle soon to enter the green zone between $54.48 and $61.38. There it should complete wave 2 in green before turning downwards again. A 37% chance remains, though, that wave alt.2 in green is finished already. In that case, Cisco would skip...
CSCO $CSCO Continuation Long (extremely high risk). This isn't a trade I would never take, but posting it anyway where it'll be used in the future to teach a very important point about MR trading.
