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July 2019

Cisco stock analysis 11.07.2019

Cisco is testing the 57.16 resistance level as the stock rallied again under influence  of the moving averages.

Where the moving averages move below the price and form support levels for the price and press it to rise.

Stochastic in the area of saturation of the purchase has not come out yet. And its exit from this region and the resistance level is holding a bearish signal for the price.

The general trend of the movement is bullish.

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