Cisco's share continues to rise after it managed to confirm the breach of the resistance level at 49.00 and rise above the previous high, thus confirming the bullish path after the decline that formed the first of last month.
The price is trading above the moving averages …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages, A "start fractal" has formed below the 135 EMA. Breaking through the "start fractal" will result in the formation of a descending wave pattern within the overall downtrend.
#RRC
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and ended with the breakdown of the inclined channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condotions. The breakout of 10.30 …
Don't have your language?
