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Cisco Stock analysis 20.02.2020

20.02.2020

Market Review

Cisco shares returned to the movement below the support level 46.89 after being able to stabilize below it to continue the side movement.

The stock is now moving below the moving averages, which are moving above the price and forming resistance levels for it.

The stochastic oscillator is in a bearish path towards the oversold zone, thus influencing the price and pushing it down and testing the support level 43.88.

General direction of movement: both sides tend to fall.

Author: admin
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