Home About the company Daily reviews Cisco Stock Analysis 02.05.2019

Cisco Stock Analysis 02.05.2019

Cisco started moving out of its up channel and started testing 55.53 support in a sideways trend below the 7-20 moving averages

While SMA 50 continues to support the positive price

Stochastic gives bullish cross signals within the oversold area so we can see a new high if it leaves this area.

Pay attention to the correction that is likely to occur as a result of profit taking.

Which is likely to have begun.

The general trend of the movement is bullish.

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