27.02.2020
Cisco shares fell significantly and exceeded the first support level at point 43.88, to settle below it, and the next level reached the value at 43.03.
The stock is now moving below the moving averages that are moving above the price and forming resistance levels and pressuring it to decline.
The stochastic oscillator is in a bearish path within the oversold zone, thus increasing the negative impact on the price and pushing it down and trying to breach the support 42.03
The general direction of the movement: Down.
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