Pavlo Kot

CSCO approaches top of descending channel, Danny Naz notes

CSCO approaches top of descending channel, Danny Naz notes
CSCO breakout level and upside targets

Danny Naz said CSCO has moved back to the top of its descending channel and that momentum is starting to turn higher.

He is watching $120 as a breakout level, with $125 and $130 as the next potential targets if the price breaks higher.

Naz has previously outlined key levels for PENG, DELL, and SNDK, noting active price ranges in recent morning trading. Earlier in the week, he also reported opening three new short-term swing positions after a market dip, with stops set and positive early performance, according to his trade update. These recent moves reflect Naz’s continued tracking of technical levels across multiple stocks.

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