08.05.2019
Cisco was out of the ascending channel it was moving in and started to fall to 52.89 support in a sideways trend below the 7-20 -50 moving averages
Which is moving above the price and pushing it further down
Stochastic is trying to exit the oversold area, so we can see a new price rise if we can exit 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 bearish
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