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Next Resistance Level for Cisco Systems (CSCO) is $46.87

Jun 30, 2020 (SmarTrend(R) News Watch via COMTEX) --
Cisco Systems (NASDAQ:CSCO) has opened bullishly above the pivot of $46.09 today and has reached the first level of resistance at $46.51. Investors may be interested in a cross of the next upside pivot targets of $46.87 and $47.65.

Cisco Systems share prices have moved between a 52-week high of $58.26 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

Potential upside of 0.0% exists for Cisco Systems, based on a current level of $0.00 and analysts' average consensus price target of $48.62. The stock should find initial resistance at its 50-day moving average (MA) of $44.49 and further resistance at its 200-day MA of $45.03.

SmarTrend is tracking the current trend status for Cisco Systems and will alert subscribers who have CSCO in their portfolio or watchlist when shares have changed trend direction.

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