Cisco stock analysis

We have nothing new to the movement of Cisco's stock, as the stock continues to provide noticeable positive trades to settle above the moving averages, which supports expectations of achieving more gains during the upcoming sessions, provided that the 20 average is stable, which forms a support level for the price with the price reaching the level of 48.31, which was First price target

Consequently, we will continue suggesting the bullish trend in the intraday and short term, and if the price manages to reach 48.31 resistance, positive pressure will increase on the price to reach the level of 50.56.

The expected trading range is between 42.30 support and 48.30 resistance.

The expected general trend for today: Bullish.