Technician
Long

Cisco Potential Recovery Ahead

BATS:CSCO   CISCO SYS INC
245 1 0
Cisco shares breaking higher, as price may be heading to resume the overall long term bullish trend . After testing its main ascending trend line , price has broken a classic falling wedge bullish pattern , key horizontal resistance around 23.40, 23.40 is also a neckline for Adam and eve double bottom pattern. Targets and technical notes outlined on chart.
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