Cisco is presenting its quarterly report on November 17th. The previous report in August triggered a price growth from 55 to 60. Now the price is close to the lower border of an ascending channel. From there, it can start moving up towards 60 and 62. If the channel is broken top-down, then the closest support is located at the level of 53.
This content is for informational purposes only and is not intended to be investing advice.
