Cisco is forming bearish reversal pattern with potential Right shoulder near $25.20. Previously, I was bullish on this stock (check my ideas in the links below) but sentiment is constantly changing and point to reduce risk was at $25.60 on 31 of July when upper-level base was broken.
Now, price broke down trend up and trading on its 100 EMA that acted like...
Cisco acts good after it built nice H&S pattern with series of higher lows and upper level consolidation which was broken on earnings with powerful gap up. then it took couple of days to absorb this big move, held and continued higher. Well-defined support at $24.40 and break up of triangle gave us another nice and calm trade as 8 EMA controlled and followed price...
This figure remined me your lovely one, on day the price far from 8 EMA so need a rest a little bit, so this figure on 15 min can go down, good price is 25,47 where is 50 EMA
Yesterday, Cisco (NASDAQ:CSCO) reported earnings. Cisco is one of those old tech stocks, like Yahoo (NASDAQ:YAHOO), Microsoft Corporation (NASDAQ:MSFT) and IBM (NYSE:IBM). One thing they all have in common is the possibility of going lower in the coming days. Also important to note is that the major indices, specifically the S&P500 (NYSEARCAPY), saw some selling...
US markets (Dia, Spy) are trying to push to new highs. Money rotates to safe heaven, high dividend, large cap stocks (www.cnbc.com).
Cisco is component of both indexes DowJones and S&P. It built nice inverse Head and Shoulders pattern with neckline @ $23.60ish area. And we have series of three higher lows: first is bottom @ $20.22 then right shoulder with...
Pair Options Forecast: JNPR will outperform CSCO in the next 7 day
ANALYSIS: Cointegration, Correlation and Technical
Strategy: Elliot Wave Principle www.bitcoinprice.mobi
Trading pairs JNPR vs CSCO which has moved from its correlation can be done based on cointegration or technical analyzing the prices of the stock pairs and tries to profit from the...
Cisco has a very nice pattern in price action with lower lows, followed by lowers highs. The start of 2014 broke this pattern, turning the pattern to higher high - higher low. Last month there was some indecision, price going sideways, drawing a double top, then rejected it at the neckline. Currently, Cisco restested the double top neckline, and rejected it again....
Seems MFI reached its top, going to llook at Accum/Dist for confirmation, RSI already started going down with Stoch. I think this thing can pull back a bit. What do you all think?
After a big gap down, Cisco is becoming interesting. Let's take a look at what happened last 6 months.
After a strong rally, the stock gapped down strongly in August, a sign that the big uptrend is over. At the 3rd wave bottom, which at the time i thought to be a C from an ABC correction we had a tripple bullish divergence, both on the MACD lines and histogram,...
Seems like a big boy closed the Dec 19 Ps for .02. And, Mar 22/24 call spread x8.3k I think is opened. The Jan 20 P seems to be STO as well x6k. Jan'15 $17 P x2.2k traded at bid .87... 75k calls vs 32k puts..
Improving RSI. Biggest trade today was a STO of the Jan'16 $18 Ps. Monthly 21/22s active. Bullish article yesterday from Schaeffer's as well. Long some LEAPs already. On watch to add more. Link: www.schaeffersresearch.com
Cisco Systems has been in a strong uptrend for a long time, completing a five wave formation. Last months we can see an abc correction till the 38.2% fib, around the 200 day moving average.
If we look closely at the top (at wave 5), and look closely at the recent bottom (at wave c), we can see a perfect simetry, a double divergence.
Red lines represent strong...
