CSCO - Cup and Handle forming
Updated
I see:
- A bottom punched in Dec 5th, 2019
- A lower high Jan 31st, 2020, confirmed today
- Established parallel channel running diagonally up
- A trajectory that would put it near highs just before next Earnings, allowing it to cool off and let ER dictate which direction is next.
Trade active
Bought shares at $46.60 this morning.Trade closed manually
Pattern failed, aided by greater issue with equities.Disclaimer
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