November 17, 2016

CISCO Chart analysis

  • Cisco bulls testing crucial support zone around 29 levels as shown in Weekly time frame. For a bigger fall price need to do a weekly close below this zone.
  • Daily chart is nearing 200 Day SMA. Last chart also shows support lines which if held can result in a bounce for the stock.
  • More bearishness only on a daily close below 200 Day SMA
  • ES One hour chart analysis
  • APPLE Support at 200 Day SMA

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