The bearish case here can not be ignored, especially if buyers fail to see value in higher prices in the 45 zone. Next zone to watch would be the .786 retracement around the 42 zone and below that we should anticipate the extension targets in the mid to low 30s.
hi traders
Let's have a look at CSCO on the weekly time frame.
CSCO look bearish but a short-term bounce and the bearish retest is pretty likely now.
If we get a bounce towards the previous upsloping support which should be acting as a resistance now, it may be a great opportunity to enter short position.
Target for shorts: 46.35
Do you agree?
As I try to explain in the video, learn how to extract information from the data do not try to apply your vague hunches and feelings TO the data. Both in charting and in macro economic analysis.
The proof is in the pudding. Don't forget to follow and get more great objective content.
It's a very good time to buy CSCO, but need to be cautious since VIX is near the bottom - it means a bear move is coming soon. Also, we opened a short position on TGT.
After earnings, CSCO fell sharply downwards and the Bearish Greed indicator shows that CSCO is in the green buy zone, which creates good momentum.
Cisco revised its yearly projections despite exceeding expectations in its fiscal first quarter, with a 9% stock decline afterward. The company reported adjusted EPS of $1.11 on $14.7 billion revenue, beating analyst predictions. Q2 projections are $0.82 to $0.84 EPS on $12.6B to $12.8B revenue, differing from estimates. Cisco adjusted its 2024 guidance to $3.87...
Cisco Traders Prepare for Earnings Results Today; EPS of 1.03 Expected
Cisco (CSCO) is a global networking infrastructure manufacturer. The company is set to open today's session at 53.37 after closing yesterday at 53.17, gaining 94 cents (1.8%).
Cisco traded 112% more shares than its average daily volume of 16.20 million shares.
Cisco's Recent Performance and...
Weekly Charts of CSCO
A-B-C Corrective Wave formation after 1-2-3-4-5 Motive Wave is complete. The Corrective Wave reached 78.6 percent retracement of the Motive Wave.
After completion of the Corrective Wave, CSCO made a large gap down on 21 September. Subsequently, it made two unsuccessful efforts to fill the gap.
CSCO is now testing a resistance level and...
Hello,
CITI bank has put a target for CISCO to hit 45 from a fundamental point of view, I agree with the same but my target is USD 38 for this stock from a technical point of view.
Good luck
Cisco's NASDAQ Surge: A Bullish Day
Cisco (CSCO) is witnessing a bullish trend today on the NASDAQ. The stock's robust performance is attributed to an impressive earnings report, which exceeded expectations. With a surge in demand for networking and cybersecurity solutions, Cisco's revenue and profitability have soared. Technical indicators, including the...
this stock seems to be cyclical, therefore could be considered for swing style trades.
based on fibonacci, and assuming ownership of some stock, this suggests Sell limit orders to set and forget.
a look into the HYPE and Revolutionizing Technology back in the day
when it was DOMiNATiNG connectivity security and hardware paraphernalias
TRENDS remains the same from Blockchain to Ai to and maybe ALiEN technology laterf
i guess this is where the mother of 1,000x 100,000% return
Trading idea number S-009 | CISCO stock could raise to 60 USD area.
The setup is positive: The stock is trading above its 20- and 50-day moving averages, while prices have crossed the upper daily Bollinger band.
The RSI is above 50 and The MACD is positive above its signal line, both still showing room to climb on the weekly time frame.
📈 Long Entry at 55.98
💰...
Cisco Systems - 30d expiry - We look to Buy at 54.71 (stop at 52.71)
Daily signals are bullish.
A lower correction is expected.
There is no clear indication that the upward move is coming to an end.
50 1-day EMA is at 54.50.
The sequence for trading is higher highs and lows.
Our profit targets will be 59.71 and 60.71
Resistance: 56.40 / 57.00 /...
This is a simple example of how anyone can attempt to understand price action, trade setups, and determine if the current trade setup is valid for any trading action.
Unless you have a trading system that helps you identify highly successful trade setups, most people struggle to find opportunities before they turn into breakout trends (up or down). Ideally, most...
Hello Traders Investors And Community, welcome to this analysis where we are looking at the stock value CSCO (CISCO) 4-hour weekly timeframe perspective, the recent events, the current meaningful formation building, what to expect the next times, which level are important to hold and how to handle upcoming situations out of a trading perspective. CSCO was since...
A price action below 57.00 supports a bearish trend direction.
Further bearish confirmation for a break below 56.60.
The target price is set at 55.00.
The stop-loss price is set at 58.00.
Wave analysis suggests a couple of alternatives.
The price action was corrected from overbought territory.
Remains a very risky trade.
![CSCO: [S-009] CISCO](https://s3.tradingview.com/z/zAIiUeZD_mid.png "[S-009] CISCO")
