Cisco Systems Inc. - potential setupsNASDAQ: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 four-hour chart shows that the quotes have overcome the initial Fibonacci 23.6% retracement at 46.00, coinciding with the end of the price gap from May 19, which has not yet been closed. Given the current trend, the price may reach the beginning of this gap at around 47.80 already this week.
Technical indicators keep a stable buy signal: indicator Alligator’s EMA oscillation range expands upwards, and the histogram of the AO oscillator forms upward bars in the buying zone.
Trading tips
🟢 Long positions may be opened after the price rises and consolidates above 47.80 with the target at 52.40. Stop loss — 46.00. Implementation period: 7 days or more.
🔴 Short positions may be opened after a reversal, reduction, and consolidation of the price below 46.30 with the target at 43.00. Stop loss — 48.00.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
⚠️ Important Notes:
1. Always follow your trading plan regarding entry, risk management, and trade management. ❗️❗️❗️
2. Timeframes: up to 1D
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
😉 If you like the idea there was a like 🚀 and sign up so you can continue receiving great ideas like this one and also for us to make pattern the idea! 🤝
💪 Profitable lock for everyone! 🙏
Stockstrading
$EVER Is EverQuote About to quote higher prices?Traders, Like majority of the stocks in this market cap category there is an M pattern which has been completed. This means that we now have a bullish bias on this stock. A trend line has been broken and retested successfully which means that this stock price is ready to go higher. As the overall market is taking a little recovery (upside correction so far), this can be a good opportunity however I would rate this as a speculative buy. The set up looks good from the technical analysis perspective.
Meta Platforms (Road Map)!!!🗺️Today, I want to analyze the Meta Platforms.
What are Meta Platforms ❓
Meta Platforms, Inc., doing business as Meta and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services.
Meta Platforms are close to the end of main wave A.
I expect Meta Platforms to grow up around the support zone (for the short term).
Meta Platforms Analyze Daily Timeframe (Log Scale /Heikin Ashi)⏰
🟢Support zone🟢: 149$ until 137$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Apple Analyze 🍎!!!(Timeframe 4H)I expect that 🍎 Apple 🍎will go UP at least to around 148.7$ or even near 200 SMA ( Daily Timeframe ).
I specified the growth 🎯 Targets 🎯 in my chart.
🎯 Target 1 🎯: 153$ until 148.7$ (around 148.7$ , we can have a Bearish AB=CD Harmonic Pattern ).
🎯 Target 2 🎯: Around 158$ = Near 200 SMA ( Daily Timeframe )
Apple Analyze Timeframe 4H ( Log Scale /Heikin Ashi) ⏰
🟢 Support zone 🟢: 145.1$ until 138$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Stock market crash not over yet I think we still have a ways to go before we recover somewhere in this white box I’m basing this off the Rsi pattern It looking like we are coming up before we make a move, obviously I could be wrong and we are close to being out of this bottom with the double bottom Rsi we made but I think it’s a fake out and we are going to dead cat bounce when the steam is finally exhausted and people just give up lol
Nifty Holding its PositionAs the globals are recovering Nasdaq is +ve, Singapore Nifty is also not very -ve there are two possible outcomes whether nifty bounces and breaks the Supply made yesterday or after hitting the Supply will fall back in second scenarion " I will prefer to square of my BULL PUT POSITION" not in very profitability but not in Loss or other wise hold till today's end depending upon situation. " RISK MANAGEMENT := Managing the risk is the key to survival in the market your Asset is MONEY if you run out of your Asset you will be thrown out of market and bound to go HOME believe me over the time i realises that making negligible or no Loss is more important than making Profit in every trade. If you stand on crease Runs will come sooner or Later. It is a process over the time you learn you earn you evolve. "
Nifty Gap Down HoldsNifty gaps down wih arround 400 Points but didn't able to break on closing basis, The time will tell whether it bounces back from here or will breaks the Demand Zone made earlier, but some how managed to make fresh levels and comes back in the zone. If it holds will bounces back due certain reasons.
1) Weekly expiry is ahead and Puts values are inflated and call values decreased heavily.
2) There is major hurdle at arround 16100 level for nifty at least for this expiry.
Teva Pharmaceutical Industries Analyze (Rising Wedge)!!Teva is running in Descending Channel at a daily timeframe, also Teva was able to make Rising Wedge at 4h timeframe, while we can see sell signals in MACD & RSI Indicators.
Rising Wedge's 🎯 Target 🎯: around 8$
🔴 Heavy Resistance zone : 11$ until 10.3$
Teva Pharmaceutical Industries Analyze, 4h Timeframe (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
What will happen to Amazon Inc.'s stock when the market opens?Okay, so after surfing through Amazon Inc.'s stock chart in various time frames. I was able to draw Strong Support and Strong Resistance levels respectively. So when the market opens up; as per my prediction there should be a breakout in the upward direction. As the level on which the current candle is standing is strong. Because whenever a breakout happened at that level; consolidation was almost minimal and the market came right back up. So if you're investing on an hourly basis or even trading. I would say make call for it. As I'll be doing the same.
Chico provides IMPROVED 3-year financial targets!Hi there, Yurii Domaranskyi here.
Risk vs Reward = 1 to 20.57 ✨
It means if you risk here 100$ you may make 2057$ Not bad, huh?
$ITNC - Dip Buy @ 2018, 2019, 2020, & 2021 "Low of Year" Prices$INTC is currently in the $44-$45 range, an area where it has bounced since 2018. High probability of bouncing again as it has already held this area even when SPY hit the 2022 low of year (so far) @ $405. This indicates strong demand in this area that bulls are likely to protect.
The ultra conservative play here would be to set limit orders and for the supply zone marking the yearly highs from 2014-2017, and hoping for a dip that low. This seems unlikely unless $SPY breaks below the low of $405.