When to trade Cisco Systems (CSCO) stock? Key price points in this Technical Stock Analysis
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Cisco Systems (CSCO) trades inside well-defined, rising six-month channel
In this Wicked Stocks video-analysis, Cary illustrates a text-book channel structure that presently exists within the Cisco Systems (CSCO) charts. Six months in duration, this line study has repeatedly contained rotational highs and lows, and may continue to do so for months to come. Cary provides the exact location of channel-support and resistance through time, and the likely consequences if said channel is violated upside or down.
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