06.02.2020
Cisco shares returned to rise after the failure to hold below 46.89 support. The sideways stock path continues between 46.89 support and 49.05 resistance.
The stock is now moving above the moving averages that are moving below the price and forming support levels for it.
The stochastic oscillator is on an upward path towards the overbought zone thus influencing the price and pushing it up and testing the resistance level 49.05.
The general direction of movement: sideways.
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