Hi there. Cisco on the daily is way up above all EMA lines. Zooming in on the 1H we can see a div. So i might go ahead and short when the market opens. Have a nice day.
POSICIÓN EN LARGO DE CISCO DONDE ESTABLEZCO LOS RESPECTIVOS STOP LOSS Y STOP PROFIT
Las tendencias que se muestran se ven con bandas de Bollinger, donde se puede notar en las bandas mas angostas se notan fuertes tendencias y los promedios moviles de 9 y 20 dias, se puede ver en los cruces de estas líneas que van hacia arriva los precios suben y puede ir a un largo (compra del activo) y a la inversa, cuando las lineas promedio moviles que se...
Must stay above 28 to retest 32 or risk 24 first 16 next.
Not much to say than what´s all ready on the chart
Here is one of the surviving dinosaurs of the DotCom era, actually with good fundamental data. Cisco is a core holding of many value funds, even if they do not focus much on tech names. I see further potential this year - plus you don`t see extreme greed topping patterns here ( as in Facebook or Amazon ).
Pennant resistance has held while the support has been weakened by lower low. Pennant pattern is ending. Support is weaker than resistance - expect it to break before resistance falls.
Some days ago i see NASDAQ:CSCO walking with dante, but if we put attention the price is rejected by the 22.75 zone one and other time and is describing a big flat bottom triangle pattern, and very nice to navigate inside of this. The volume is reacting now and indicate the same risk than the Stochastic - and the price - in this days can re-test the 28.5/29...
Go long the CSCO if it trades at 28.09 or higher. If triggered, place your stop at 27.45 and exit the position for a profit at 28.46 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). Learn the rules of this strategy at: www.udemy.com
We can see how the CSCO was fill the megaphone, now is show an inverted hammer. I observe two posibles scenes: Don't cross the diagonal support at 24.06 and continue the journey to the sky Yes... cross the line and fall to the hell to 18.06 and maybe more I prefer think in the first scene, short only to 08/16. But only time will tell.
This formation occurring at the top signals weakness. The broadening top failed, and a descending triangle-like formation seems to be in the making. Despite the apparent weakness of the stock, the weekly support (green dashed line) has proven to be still in effect. No definitive signal is in play at the moment.
The current Dogs are: CVX, CAT, VZ, PFE, CSCO, IBM, BA, MRK, INTC, XOM. CVX is waiting. CAT IS A BUY. VZ is a buy. PFE is one to wait for. CSCO, you buy. Take a look at each one of those names on a DAILY CHART. Set only ONE Exponential moving average on the chart. Just one. Nothing else. A 33 Exponential Moving Average, offset by 3. As soon as you get a...