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Cisco Analysis 04.04.2019

04.04.2019

Market Review

Cisco was able to breach the 53.98 resistance to continue the bullish trend and achieve new historical levels.

Positive momentum comes from moving averages that are still moving below the price in a bullish order of 7-20-50, respectively.

Stochastic in the zone of saturation of the purchase if the intersection and exit from the saturation of the purchase is likely to see a correction movement of the price.

The general trend of the movement is bullish.

Author: admin
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