Taken a long position prior to the Q3 results. On the two day chart, I am waiting to see if price momentum can be supported by volume (indicated by the 2 highlighted circles). If it can break resistance to the upside, I may consider to add to my position. If not I will exit with a very small profit.
Long on breakout..
Target 50.40 gap close
Stop loss 48.00.. you can see prior price action
Depending on the strength of the market, this could push to close gap at 52 also
- CSCO shows strong development within a rising trend channel in the medium long term.
- CSCO is testing resistance at 49.40.
- This could give a negative reaction, but an upward breakthrough of 49.40 means a positive signal.
- CSCO is assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time...
for personal use
Out of 13 analysts, 2 (15.38%) are recommending CSCO as a Strong Buy, 4 (30.77%) are recommending CSCO as a Buy, 7 (53.85%) are recommending CSCO as a Hold, 0 (0%) are recommending CSCO as a Sell, and 0 (0%) are recommending CSCO as a Strong Sell.
The intrinsic value of one CSCO stock under the Base Case scenario is 51.21 USD. Compared to the...
Cisco Systems - 30d expiry - We look to Buy at 49.75 (stop at 47.75)
Daily signals are bullish.
The sequence for trading is higher highs and lows.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
We look to buy dips.
Previous resistance at 50 now becomes support.
Trading close to...
Major rising wedge Here...
Not sure if it will break support but it should
pullback to support here around 50$
I like 51$
4/14.
Keep a tight stop at 52.50
Target trendline support
- CSCO is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction.
- CSCO has broken an inverse head and shoulders formation.
- A decisive break of the neckline at approximately 50 will signal a further rise to 64 or more.
- It also gave positive signal from the rectangle formation at the...
Cisco Systems jumped on a strong quarterly report last month. However there’s been little follow-through, which could make some traders feel bearish.
The first pattern on today’s chart is the bullish price gap on February 16 after earnings, revenue and guidance beat expectations. Unfortunately for the bulls, CSCO’s high occurred just 19 minutes after the opening...
HI ✌The possible scenario of CSCO is specified. As you can see, the trend is fluctuating between the ranges of $45 and $50. The price is in the range of $49 and above EMA 60. Currently, the scenario that we can consider is if the dynamic resistance breaks and stabilizes above the $50 range, the price will grow to the $54/$56 range. We have to see how it will...
Oversold , has been falling hard with the dow jones since earnings beat.
Bounced friday on trendline support at 50sma (Purple wave).
Even though Csco is a tech company it like Intel moves more in sympathy with Dow jones instead of Nasdaq. They both are part of dow 30.
I feel like the dow will bounce this week and if it does look for a 5% move here
![CSCO: CSCO - Rising Trend Channel [MID TERM]](https://s3.tradingview.com/f/f9SozH9k_mid.png "CSCO - Rising Trend Channel [MID TERM]")
