20.07.2016 - We forecast growth of Cisco Systems in the coming days

Price of Cisco Systems after overcoming the resistance at 29.50, continued its growth and was able to overcome the important level of 30.00. After a long consolidation, we expect a continuation of this upward impulse to the upper boundary of the rising channel and the level of 32.00. Within the correction quotation may roll back to 29.50. We forecast growth of quotations in the near future and maintain a medium-term positive outlook.

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