Cisco Analysis 28.02.2019

Cisco shares continue to rise for the eighth 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 price managed to breach the previous peak at 49.62 and achieved new levels, which closed the session yesterday at 51.58 which is a historical value where the stock has not achieved this value before

Stochastic continues to climb. Currently moving within the zone of saturation of the purchase and if continued movement within this disaster we will see a rise in price

It should be noted that this movement may be followed by a strong correction movement as a result of profit taking on the price

The general trend of the movement is bullish