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