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Cisco Systems Inc. is quickly approaching 53.89. We expect either a breakout through this line, or a rebound.

Cisco Systems Inc. is heading towards a line of 53.89. If this movement continues, we expect the price of Cisco Systems Inc. to test 53.89 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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