Start of a new zigzag here. Probably a bit late to the party, but still plenty of room to drop before pulling out.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite...
#CSCO moved up to fill a gap and is declining for wave 5 to fill another gap that happened on Nov. 09, 2020. I wait for a minor uptrend then take a position. It may happen around 39.35. Stay tuned.
The PEAD projected a Bullish outlook for $CSCO after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
Cisco Systems
Short Term - We look to Sell at 49.85 (stop at 51.86)
This stock guided a rise in revenue for 2023 and shares jumped higher. We are trading at overbought extremes. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. A lower correction is expected.
Our profit targets will be...
NASDAQ:CSCO
The shares of Cisco Systems Inc., the largest manufacturer and network equipment supplier for large holdings and telecommunications companies, are correcting around 46.00.
On the daily chart, trading is observed in the global downward channel with dynamic boundaries 36.00–46.00, and the price is currently testing its resistance line.
The...
The technical figure Channel Down can be found in the daily chart in the US company Cisco Systems, Inc. (CSCO). Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational technology conglomerate corporation. Integral to the growth of Silicon Valley, Cisco develops, manufactures, and sells networking hardware, software, telecommunications...
Goals 52. One only.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go...
I've identified a high probability setup on Cisco Systems (CSCO).
Confluences-The daily chart has a bullish pin bar on a support level and on the 20 EMA!
*This is not financial advice.
I really like this trade setup for this week!
Loved and Blessed,
MrALtrades00
Cisco Systems
Short Term
We look to Sell at 45.43 (stop at 46.50)
Preferred trade is to sell into rallies. The medium term bias remains bearish. Bespoke resistance is located at 45.50. We continue to expect further gains to be limited and look to set shorts for a further drive lower within the channel.
Our profit targets will be 41.41 and 38.10...
We have located a bearish candle close with bull volume on the daily timeframe. On the 3 hour timeframe, we may be pulling back to the wave 4 retracement. I don't want to set targets because everyone trades differently. To add, the RSI and MACD are matching top side on both timeframes as a bonus. Interesting to see what happens in the future. Happy trading and...
CSCO $CSCO Continuation Long (extremely high risk). This isn't a trade I would never take, but posting it anyway where it'll be used in the future to teach a very important point about MR trading.
