29.08.2019
Cisco was unable to breach the resistance 49.16 to bounce back to support 46.19 after opening last week on a falling price gap, surpassing support 51.25
The moving averages move above the price and form resistance levels and try to prevent it from rising.
Stochastic is moving near the oversold area so this will be reflected in price action.
The exit of the index from this region will lead to the price rise and hold steady.
The general trend is to the downside.
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