A look at the weekly and daily chart of CSCO :
- On the weekly basis we still have to lower lows and lower highs pattern
- I see however a longer base (longer would be better)
- A reversal candle mid april gives some confidence
- On a daily basis I see a break of the resistance level, also the break of the 50d MA.
- Next resistance is at the beginning of April high (18.25)
- If you are in, increase your stop loss to 17.5