Cisco Stock managed to bounce back from the support level of 46.30 to continue the long-term uptrend towards the top 49.12. Supported by the moving averages that support the price at 46.36
The Stochastic is giving a bullish cross over the oversold area, indicating a continuation of the bullish path
Support and resistance:
Support: 46.36-44.86
Resistance: 47.98-49.12
The trading range between support is 46.36 and resistance is 49.12