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Cisco price readies to pierce pivotal resistance - Forecast today - 13-06-2024
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Cisco price readies to pierce pivotal resistance - Forecast today - 13-06-2024
Jun 13, 2024 8:01 AM

Cisco Systems stock price (CISCO) fell in the intraday levels, readying to pierce the pivotal support of $45.56, while trading alongside the downward medium-term trend line, with positive signals from the RSI after venting off some oversold saturation.

Therefore we expect more losses for the stock, targeting the support of $43.90, provided the pivotal support of $45.56 was breached.

Trend forecast: Bearish

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