Cisco Stock Analysis 14.02.2019

Cisco shares continue to rise for the sixth week in a row supported by the moving averages that move down the price in a positive order and give it stability and stability in the ascending

The pair is trading above the resistance level of 47.43 and the target at 49.40.

Stochastic is giving a bearish signal even though it is still on the upside but should be monitored if the bearish cross is likely to see a drop in price

The trading range between the support at 46.61 and the resistance at 49.40

The general trend of the movement is bullish