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CSCO - Rising Trend Channel [MID -TERM]

Long
Cisco Systems, Inc. (NASDAQ:CSCO)  
wavepoint99  
NASDAQ:CSCO   Cisco Systems, Inc.
Chart Patterns Technical Indicators Trend Analysis CSCO cybersecurity Contains image
1
0
chartpattern indicator trendanalysis csco cybersecurity containsimage
🔹POSITIVE signals rectangle formation with breakout at 52.14 resistance, next resistance at 55.
🔹RSI bearish diverges against the price, indicating downward reaction.
🔹Technically POSITIVE for the medium long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

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