Home About the company Daily reviews Cisco Stock Analysis 09.01.2020

Cisco Stock Analysis 09.01.2020

Cisco's stock continues to move above the 46.89 support, which is the 61.8% Fibonacci retracement, having tested it several times and was unable to breach it.

Moving averages 20-50 form support levels near the previous level and shift prevented it from falling and breaching support.

The stochastic oscillator is moving in a sideways path after it had formed a negative crossover and is moving in a downward path.

The general direction of movement: sideway.

Author: admin
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