Cisco readies to tackle current resistance - Analysis - 22-05-2019

Cisco Systems' stock kept rising in the intraday levels after shaking off negative pressure from the 50-day SMA, while readying to tackle the pivotal resistance of 57.14, amid the dominance of the main upward medium-term trend, with positive signals from the RSI. 

Therefore we expect more gains for the stock, especially if the resistance of 57.14 was breached, targeting the next one at 59.23. 

Expected trend for today: Bullish