Is CSCO still a buy?
Looking at the charts we could expect a slight pullback down to the $35 level. We are still within the bounds of a strong uptrend but as we approach the upper resistance level as the RSI is approaching 70 a pullback would be warranted.
Disclaimer
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.