years on the market

Cisco stock analysis 10.12.2020

Cisco share continues its upward movement after it managed to breach the resistance level 42.10 and settle above it with the opening of the week's trading.

Trading continues above the moving averages as the price moves away from it, therefore it is likely that we will witness a downward correction in the price in conjunction with the price reaching resistance

The expected trading range is between 42.13 support and 45.25 resistance

The expected general trend for today: Bullish

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