Csys

CSCO: Ruled by doubt and some weakness

NASDAQ:CSCO   CISCO SYSTEMS INC
22 0 1
This formation occurring at the top signals weakness. The broadening top failed, and a descending triangle-like formation seems to be in the making. Despite the apparent weakness of the stock, the weekly support (green dashed line) has proven to be still in effect. No definitive signal is in play at the moment.
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