12.09.2019
Cisco rose after 46.30 support stood against the price and prevented it from falling to rebound upwards and breach the resistance of 49.16.
Moving Average 20 is below the price thus forming a support level while SMA 50 is still moving above the price and forming a resistance level.
Stochastic is moving within the overbought zone on a sideways path within this zone, so staying within the overbought zone will push the price up further and test resistance 51.28.
The general trend is to the upside.
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