CSCO rejected resistance line multiple times and is beginning to show weakness and break bullish wedge trend with higher lows and higher highs. Rising wedges also typically have a breakout to the downside as buyers exhaust and that is my expectation with CSCO as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.