Intraday Technical Analysis Of Cisco Systems Inc. - Thursday, Nov. 17
Today’s instrument is Cisco Systems Inc., its is stock traded on the Nasdaq exchange under the ticker (CSCO).
Looking at the CSCO‘s chart, we can see that it lastly traded at around $44.50.
Last night, it announced better than expected quarterly results and therefore today we should expect a price increase above its resistance level which is located at around $46 with a probability of testing its next resistance level at around $49.80.
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