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Aug 16, 2020 3:28 PM

Short Cisco till 30 USD Short

Cisco Systems, Inc.NASDAQ

Description

Force index indicates that the last couple 1 hours sessions do not have a strong volume support behind. Approaching the the pricing where there is even lower volume, the stock is bound to fall through until it hits the first support . RSI indicates that is oversold , nevertheless, there is no evident sign that the indicator will be bouncing back out of that territory. Overall, the volume has played a big part in this analysis
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