On Friday, March 7, 2025, after a spectacular 40% rally over the past nine months, CSCO closed at $63.95—just $0.30 below its March 2021 high of $64.25. Every pullback along the way was so brief that if you didn’t have a bid in, you probably missed your chance.
Now, with the stock showing serious strength near multi-year highs, the big question is:
"How far can it go?"
The answer? There’s no limit to how high a stock can go.
Yet for Cisco, the next meaningful stop is $82—a level it last reached 25 years ago.
This stock holds a special place for me. CSCO was the first stock I ever traded when I started as a proprietary trader in 2000. Back then, it was already a "market" stock—plenty of liquidity, relatively low volatility. But in 2000, I struggled to trade it because I thought "it moved too slow."
The irony? I had no idea what "slow" really meant in the markets. Fast forward 25 years, and here’s what I know for sure:
👉 No matter how slow a stock moves, as long as it’s going in your direction, you hold it.
So here I am, 25 years later, finding it hard to believe I’m looking to buy the same stock I first traded a quarter century ago—CSCO.
Now, with the stock showing serious strength near multi-year highs, the big question is:
"How far can it go?"
The answer? There’s no limit to how high a stock can go.
Yet for Cisco, the next meaningful stop is $82—a level it last reached 25 years ago.
This stock holds a special place for me. CSCO was the first stock I ever traded when I started as a proprietary trader in 2000. Back then, it was already a "market" stock—plenty of liquidity, relatively low volatility. But in 2000, I struggled to trade it because I thought "it moved too slow."
The irony? I had no idea what "slow" really meant in the markets. Fast forward 25 years, and here’s what I know for sure:
👉 No matter how slow a stock moves, as long as it’s going in your direction, you hold it.
So here I am, 25 years later, finding it hard to believe I’m looking to buy the same stock I first traded a quarter century ago—CSCO.
Trade closed manually
I'll revisit CSCO in another 25 years...
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.
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.