CSCO had two back-to-back inside days 9/9 and 9/10 and on 9/11 broke the previous day low (9/10) but was a fake breakdown and began to shoot up after 11:00am.You're currently viewing
CSCO on the 65minute chart.There are 6 bars per day on a 65m chart.
The stock is up 3.74% since Wednesday, 9/11 @ 11:00am.
I didn't take the trade but the calls are up from my previous
CSCO post:https://www.tradingview.com/chart/CSCO/d4tEd7zF-CSCO-Can-Go-Either-Way/
CSCO 50c 9/20 (0.25 -> 0.37) +48%CSCO 50c 10/18 (0.65 -> 0.90) +39%Price can either consolidate around the 0.28 fib, go higher to $50 or retrace back to 0.382 fib.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.