Cisco has been in consolidation since it came up to $46 in March 2018. We can see that price dipped to $40.20 and then rebounded to retest this $46 area again. Although price cracked $46, it retreated. The market was still in consolidation.CSCO Daily Chart(click to enlarge)Double Top or Range:- Some would say that the twice-resistance around $46 suggest a double top is forming.- I think the only thing we can say is that price has settled sideways. If price breaks below $40, then we have a double top.- But at the moment, it is merely a sideways range, with a prevailing uptrend.- Given this situation, we should then look for support if price comes down to the previous support around $40. - I would allow some wiggle space around $40, but if price indeed rebounds and can climb back above $41, I think it would be a good sign that bulls are in control.- A better bullish sign would be price holding above the 200-day simple moving average (SMA), and above that $41 pivot.