Cisco Systems, Inc.
Long

CSCO - Retesting after a Break Higher

118
Watch when if it triggers for large volume. The EMA's are headed bullish and bounced off the 50 EMA. The SMA's are headed steadily higher. Stochastics gave a buy signal recently, RSI is slightly overbought and MACD recently is giving a buy signal. BB need to be broken. ADX is around 35 and would agree with the trade if it headed higher if it confirms.

Trigger is $28.48
Stop is $26.28
Target is $33.81

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