American Stocks Analysis
Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Cisco faces strong resistance - Analysis - 22-10-2019
Economies.com
2019-10-22 15:03PM UTC
Cisco's stock rose in the short term after testing the downward trend line recently, while testing the 50-day SMA resistance, as the RSI reached overbought levels.
Therefore we expect the stock to return lower, targeting the support of 46.00.
Expected trend for today: Bearish
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