Cisco Systems Inc. (CSCO)

Technical Analysis on Cisco Systems Inc. (CSCO)

Wednesday, November 23rd, 2022

In this Wicked Stocks video analysis, we examine Cisco Systems Inc. (CSCO) currently trading at meaningful channel-resistance, able to absorb buying pressures through the end of the year. From here, (CSCO) susceptible to falling back, where losses of ~20% would be expected over the following 2-3 months. Inversely, a settlement above channel resistance would indicate a buy signal, where gains of ~20% would be anticipated over the same time horizon.

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