Cisco Systems Inc. has broken through a resistance line of a Channel Down and suggests a possible movement to 52.43 within the next 17 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 27 days.
There is a possibility of a big movement on Cisco Systems Inc. after a breach of the resistance
