CSCO – Cisco’s Not Done Dancing Yet!
When I look at CSCO, I get the feeling that this old-school tech legend still has some rhythm left in its step. It’s like that uncle at the family wedding who’s been around the block but somehow still manages to pull off a surprisingly smooth move on the dance floor.
It may not be the flashiest stock on the NASDAQ, but there’s something about the way it moves – slow, steady, confident – that makes me think it might just be preparing for another swing to the upside.
From a chart perspective:
Recently, CSCO has been respecting a rising trendline and forming a sequence of higher lows – a classic sign of underlying strength. The price is now approaching a zone that has previously acted as resistance. If momentum builds, this level could turn into a launchpad. Of course, the market doesn’t always follow the script, but the setup looks promising from where I stand.
No predictions, no guarantees – just one trader’s interpretation of the chart. If Cisco keeps moving like this, I’ll be following the rhythm with curiosity (and maybe a fresh cup of coffee).
A lighthearted market musing, not financial advice!
