The charts are pointing to a rally for Cisco on earnings, says trader

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The charts are pointing to a rally for Cisco on earnings, says trader
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Cisco is reporting earnings Wednesday, and one trader says the stock's about to bounce back.

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is gearing up to report earnings Wednesday, and TradingAnalysis.com founder Todd Gordon says the charts are pointing to a rally for the stock.

What's more, Gordon said that the moving average convergence/divergence , which is an indicator that measures the momentum of a stock, shows that Cisco is oversold and therefore due for a bounce.

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