Therealaleech
Long

CSCO - How will it Play Out?

NASDAQ:CSCO   CISCO SYSTEMS INC
The volume recently has been below average. Recently has broken through a long standing resistance, now has to head through a long standing gap resistance. EMA's are headed higher. The SMA's are separating and headed higher as well. Stochastics and RSI are extremely overbought, MACD is rising fast as well. BB have expanded fairly wide and ADX is headed toward 70.

Trigger is 28.48
Stop is 25.24
Target is 34.
R:R is 1:2.

Needs a slow down before the trade will be considered.
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