Intraday Technical Analysis Of Cisco Systems Inc. - Thursday, Nov. 17

Nov 17, 2022 at 9:30 AM EST

Today’s instrument is Cisco Systems Inc., whose stock is traded on the Nasdaq exchange, trading recently around $44.50.

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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