Saudi Cisco stock, with code No. 2190, has been moving in an upward direction since the beginning of 2019, as it rose from 10.70 levels until it reached the level of 26.00 with the beginning of last month before the violent fall of the markets occurred
The price reached the support area 14.10-14.50, where it rose from it previously in August and October last
The stock also bounced from an uptrend line from the bottom of last year with a false break below it and oversold on the RSI, which supports the rise
The upside move is expected to reach 16.60-17.00 and then 19.70
Movement range 15.70-15.00
Expected bullish trend