Cisco share continues its upward movement after it managed to breach the resistance level 42.10 and stabilize above it during last week's trading.
Trading continues above the 20-50 moving averages as the price moves away from it, so we are likely to witness a downward correction in the price in conjunction with the price reaching the resistance.
The expected trading range is between 42.13 support and 45.25 resistance
The expected general trend for today: Bullish