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BlueLineTradingLLC

Mid to low 30s monthly target for CSCO

Short
Cisco Systems, Inc. (NASDAQ:CSCO)  
BlueLineTradingLLC  
NASDAQ:CSCO   Cisco Systems, Inc.
Trend Analysis Wave Analysis Technical Indicators
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trendanalysis waveanalysis indicator
The bearish case here can not be ignored, especially if buyers fail to see value in higher prices in the 45 zone. Next zone to watch would be the .786 retracement around the 42 zone and below that we should anticipate the extension targets in the mid to low 30s.
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