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Cisco stock analysis 23.05.2019

23.05.2019

Market Review

Cisco returned to the dips again but was unable to break through the resistance as it reached this summit and rebounded.

The moving averages move together at the same point and form a support level for the price.

Stochastic in the saturation area of the buyout gives a signal out of which it is therefore possible to see a drop in price to the support area of 53.41.

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

The general trend of the movement is bullish.

Author: admin
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