Home About the company Daily reviews Cisco Stock Analysis 16.01.2020

Cisco Stock Analysis 16.01.2020

16.01.2020

Market Review

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.

Stochastic rises to the overbought zone, thus pushing the price up and testing resistance 49.05

The general direction of movement: a side path.

Author: admin
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