RedHotStocks

$CSCO Chart is negative into earnings $49 Key Level

NASDAQ:CSCO   Cisco Systems, Inc.
The breakout in CSCO has stalled significantly as the market sell off has struck just at the wrong time. As earnings approach indicators have turned very negative very quickly, investors have fled stocks with China exposure.
We will not be taking any position into earnings but may look for a bounce post earnings as is the norm.

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