hi traders
Let's have a look at CSCO on the weekly time frame.
CSCO look bearish but a short-term bounce and the bearish retest is pretty likely now.
If we get a bounce towards the previous upsloping support which should be acting as a resistance now, it may be a great opportunity to enter short position.
Target for shorts: 46.35
Do you agree?
Let's have a look at CSCO on the weekly time frame.
CSCO look bearish but a short-term bounce and the bearish retest is pretty likely now.
If we get a bounce towards the previous upsloping support which should be acting as a resistance now, it may be a great opportunity to enter short position.
Target for shorts: 46.35
Do you agree?
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