years on the market

Cisco stock analysis 13.06.2019

Cisco shares form a triple top pattern as the stock rallied again after testing support at 50.95

The moving averages move below the price and form support levels for the price and pressure it to rise.

Stochastic is in the overbought area and tries to exit it in a bearish signal.

Overall indicators give conflicting signals on the movement so we commit to neutrality.

The general trend of the movement is neutral.

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