Csys

CSCO: Ruled by doubt and some weakness

NASDAQ:CSCO   CISCO SYS INC
21 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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