23.01.2020
Cisco managed to rise and surpass 49.05 resistance level and stabilize above it which is the 50% Fibonacci retracement rate.
Moving averages 20-50 form support levels near the previous level and shift prevented it from falling and breaching support.
The stochastic was moving within overbought territory and started to exit it, thus pushing the price down and testing the support 49.89
The general direction of the movement: bullish.
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