Cisco Shares Filled Upside Gap From February
Petros Steriotis | Mar 18, 2015 12:38AM ET
Cisco Systems Inc (NASDAQ:CSCO) shares filled the upside gap from February as they found Fibo support late last week. The daily trend is still down, but the longer-term trend is rather neutral as price is moving sideways during the last 4 months. A close above $28.50 would reinforce the bullish scenario, while a close below $27.50 would open the door to $-month lows @ $26.
CSCO daily chart (4 months):
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