CSCOCSCOCisco Systems, Inc.
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TraderGokuTraderGoku
2 Oct, 01:48

Bullish technical setup based on historical double cup-and-handle pattern

Bullish-12.06%

AI Summary

The author identifies a bullish double cup-and-handle technical pattern on Cisco (CSCO), drawing a historical parallel to the 1999 internet bubble to suggest a strong trend continuation.

$CSCO Double cup-and-handle pattern during the 1999 internet bubble. A double cup-and-handle typically represents consecutive consolidation within an uptrend, serving as a very strong signal for trend continuation. https://x.com/tradergoku/status/2105837319806668924/photo/1

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