Cisco attacks downward trend line - Analysis - 16-11-2022
Economies.com
2022-11-16 13:03PM UTC
Cisco Systems' stock (CISCO) rose in the intraday levels, amid positive support from the 50-day SMA, attacking the resistance of the downward short-term trend line, with negative signals from the RSI.
Therefore we expect the stock to rise and target the resistance of 50.00, provided the resistance of 46.00 was first pierced.
Expected trend for today: Bullish
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