Cisco shares were able to breach the resistance level at 42.10 with the opening of the week's trading. As the week opened with a rising gap.
Trading continues above the moving averages, as the price moves away from it, therefore it is likely that we will witness a downward correction …
The stock is trading in the range of the moving averages 135 and 365. The price pivot level 26.50 holds back sellers The descending H1 pattern is truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an oversold condition.
monitor the price movement in …
Analysis based on round-number levels, price channels and modified Elliot Waves
The resistance level of 77.08 holds back buyers. The ascending H8 level pattern is truncated. The internal H2 level pattern is also truncated. A bearish divergence is forming on Awesome Oscillator, while Stochastic Oscillator indicates an overbought condition. …
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