Stocks

Cisco returns higher - Analysis - 14-06-2019

2019-06-14 12:25:17 GMT (Economies.com)

Cisco Systems' stock returned higher, amid the dominance of the main upward trend in the short term, with traders collecting profits after the pivotal resistance of 57.55 held on, while the stock vented off overbought saturation from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 57.55 anew, as long as the support of 53.99 holds on. 

 

Expected trend for today: Bullish   

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