CSCO, Will the Support Hold?
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.
Like for more.
We can wait for confirmation before we enter, wait for the price action to cross over the yellow EMA.
Like for more.
Nota
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. 
Penafian
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