Cisco Trading Analysis (19/01/2024)
The trend is descending. The upward wave structures are truncated. The stock is traded in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell when the formation of the descending wave structure begins, where …