ContraryTrader

CISCO Rising wedge, Gravestone Doji

Short
NASDAQ:CSCO   Cisco Systems, Inc.
My short entry would be a drop below 50.25 or a fall out of its channel.
Targets are red lines , at 48.23 is a double top. final target is its 50 ma at 46.90

Rising wedge
Gravestone doji
selling volume increasing.

Gold mansachs just gave this company price upgrades to 59$ and it still couldn't break out.

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