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CISCO SYSTEMS INC technically based analysis

NASDAQ:CSCO   Cisco Systems, Inc.


📌Cisco Systems Cisco on 22.March is unveiled new hybrid work solutions in Webex that empower companies to put people first. Webex Calling hits 6 million users. New innovations help organizations personalize the hybrid work experience for employees and customers, including an industry-first partnership with Ford to create the ultimate mobile office.


💡 CSCO technically based idea, sideway matket in last periods, we can see price is on SUPP zone-bouncing, CHANNEL pattern visible, technically indicators showing we can expect higher bullish continuation, based on technically readings expecting to see BREAK od CHANNEL and higher bullish continuation till targets marked on chart.


📌About Cisco Systems: engages in the design, manufacture, and sale of Internet Protocol based networking products and services related to the communications and information technology industry.
📌Interesting news/things: Ford and Cisco have partnered to “unlock the browser experience on SYNC4A,” the automaker’s infotainment system, and are currently developing a WebEx app capable of running natively on the HTML 5-centric OS.


📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!


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