$CSCO - RC -
Added 2023-11-17 16:37:17 +0000 UTCAggressive drop after the earnings report on Weds, which was also a double beat.
Price is just at the 0.618 Fib now and has so far held.
I still give this room to come down to the 0.78 Fib, which it pulled back to in late 2022 before bouncing.
Losing the yellow trend line would not be a good look for $CSCO and or it is at risk of coming all the way down to our First Target at $28.
