Cisco Systems, Inc.
Long

Cisco - new ATH - Will it continue?

38
Hello Everyone, Followers,

Today i will share some stocks to follow-up next week and maybe make some profit :).

First one is Cisco - CSCO.

It made a new ATH and broke the previous High level and closed the week over this level.

Next Resistance level is in 74.50 - 75.00 and if it can achive to break this level then my final Price Target is 88.00

If it cannot stay above 72.50 then there is a possibility to hit 69.90 - 70.00 . If it will go this way then this level could be a good level to get.

My personal view : With its over 2% dividend yield you can put Cisco in your portfolio any time but it is almost better to get in correct price level. Also my expectation is , it will maintain this momentum and continue to make new ATHs

I have already added CISCO to my follow-up list for next week and i will closely watch what will it do.

This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.

Have a lovelly Sunday to all and Good Start a Week.

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