Cisco share continues its upward movement after it managed to break the resistance level 43.40 and stabilize above it, and launch to the next level at the value of 45.70.
Trading continues above the 20-50 moving averages, as the price moves directly above the 7-20 averages, which support the price …
#BA
The overall trend is upward. The price pivot zone of 191.44 is holding back sellers. The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions.
Trading idea:
Buy when an ascending pattern is formed, where the wave (A) breaks …
The overall trend is upward. The round secondary level of 1.0680 held back sellers. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending pattern is truncated and the "hammer" reversal pattern is formed on the H4 timeframe.
monitor the price movement in …
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