Cisco Systems Inc (CSCO) Down 0.51%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart

3 mins read

The Hourly View for CSCO Last Updated January 22, 2021, 15:55 GMT At the time of this writing, CSCO’s price is down $-0.86 (-1.9%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Cisco Systems…

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