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Cisco Systems, Inc. ( $CSCO ) is one of the super and best stock to buy and offering buying price between $56.46 – $59.28, as of May 19, 2019. Let’s look at the stocks technical actions using a weekly chart.
2. The stock tried to consolidate in late 2018.
3. But, it broke down severely in heavy volume.
4. But, the stock quickly recovered and had a solid run.
5. The stock had a minor pullback.
6. It quickly lost, but found support at the 50 day moving average line.
7. The stock bounced on heavier volume last week.
8. The buying price would be $56.46 – $59.28.
