Someone I respect posted a bullish interpretation of Cisco Systems recently, so I decided to take a look at it. And I cannot confirm that. What I see on the daily is a rising wedge from the March lows, which has broken and is flagging. This looks near-term bearish to me. On the weekly, I see a possible head and shoulders, also bearish. And zooming way back...
Filling orders inside the prior bull run in order to base for a move back towards ATH's. Would set up a round bottom there with target much higher.
Hi traders, Murphy says the very next time we decide to do something, it won't work. That's what happened to me on Wednesday as I re-entered Citigroup after missing a re-entry on Tuesday in PTON. Aaand ended with 2 losses. The day was even more painful because in UNFI I spotted 2 good opportunities - both of which worked - but did not get filled. A nice profit...
May's monthly candle closed above April's high. If price returns to April's high, then I will begin purchasing call options at the 43.50 strike with a July 2 expiration.
What is TWLO? Twilio Inc ., together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher level...
looks good to $50 and then maybe more on a breakout
CSCO, strong company, great fundamentals, earnings coming today. My play was to enter some cheap calls with long expiration to avoid theta, I chose the $42.50 October calls. Thanks!
Picked up some 5/29/2020 50$ calls, basis .14$. Let 'er rip! Lotto risk only!
✨ We provide charts every day ✨ Drop a requested Ticker in the comments and we will be sure to take a look ✔️ Like & Follow to help the community grow! 🎉🎉 --- Cisco systems has earnings coming up. Analysts expectations are low, and the last earnings report right before the COVID dump was bullish, so perhaps a beat here could give us a push to the upside. That...
4H Chart Explanation: - Price broke the Weekly Ascending Trendline and made a pullback to it. - It is currently on an important Support Zone. - If price has the strength to break it, there is potential to start a huge down move. Weekly Vision: Daily Vision: Updates coming soon!
If price returns to March's high, then I'll be looking to begin purchasing call options as close to 41.50 strike as possible. These calls will have an expiration of June 1.
Weekly Chart Explanation: - Price broke the Ascending Trendline. - Price broke the first Support Zone (Resistance Zone now) and is on a correction (pullback) to it. - Expect price to continue the down move towards the two next Support Zones. Daily Vision: Updates coming soon!
4H Chart Explanation: - Price broke the Ascending Trendline. - Price broke the Support Zone (now Resistance Zone). - Expect price to move down towards the next Support Zone. Weekly Vision: Daily Vision: Updates coming soon!
Correlation trading strategy idea analysis. The market is going between the freshly formed and confirmed support&resistance levels. So there is a very good opportunity for correlation trading. I showed my vision of correlated moves in my previous ideas. Now I am going to introduce another stock for correlation trading. Cisco has big enough weight in the S&P...
Cisco Stock Will Full Down. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The CSCO earnings report did not improve the stock price. The stock is still working on what is now an intermediate-term bottom. Volume is average.