Cisco Systems Inc. has broken through a line of 56.83 and suggests a possible movement to 58.98 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 35 days.
Big movement expected on Cisco Systems Inc. after a breach of 56.83
