CSCO, Will the Support Hold?

24 thg 6

Simple trend line here being tested as support on CSCO right now, this is a monthly chart and the trend line goes ways back. All the EMAs are stacked as resistance above the current level which means this won't be easy but I am bullish regardless.

We can wait for confirmation before we enter, wait for the price action to cross over the yellow EMA.

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28 thg 9

Ghi chú

CSCO is following the arrow perfectly here, we are 25% into the projected move. Head and Shoulders being negated and continued bullish price action to follow as time goes on.