Cisco strives to breach pivotal resistance - Analysis - 22-07-2019

Economies.com
2019-07-22 14:30PM UTC

Cisco's stock tried to pierce the resistance of 57.55, amid the dominance of the main upward trrend in the short term, with positive support from the 50-day SMA, countered by negative signals from the RSI.

 

We reaffirm our positive outlook for the stock, especially if the resistance of 57.55 was breached, targeting the next one at 59.25. 

 

Expected trend for today: Bullish 

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