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Watch for Shares of Cisco Systems (CSCO) to Approach Resistance at $51.78

Apr 28, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Cisco Systems (NASDAQ:CSCO) have bullishly opened above the pivot of $51.46 today and have reached the first resistance level of $51.58. Investors may be interested in a cross of the next upside pivot targets of $51.78 and $52.10.

Cisco Systems share prices have moved between a 52-week high of $53.18 and the current low of $0.00 and are currently at $0.00 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

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 200-day moving average (MA) of $44.47 and further resistance at its 50-day MA of $49.40.

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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