CSCO trade ideas
Cisco - Profit Potential!I think every IT company uses Cisco software or hardware, so it's no surprise that the stock price grows every month. The uptrend on the CISCO stock is because the management doing their job right. The stock, trading under $50 with a relatively low market cap near $225 billion, may be a value pick for some investors, as well as we can see a two scenario in the near-term, first, the price rises as rocket to $60 p/s (3 weeks max) or it will be trading around $50 p/s the next months. I believe in the uptrend, and I'm sure we will see $60 p/s soon.
Right now we have the next data from indicators, RSI is overbought, and the MACD is doing good.
The issue of this indicator(RSI) lags behind the stock market and I assure you it does not work on the uptrend. The price can easily goes higher while you thinking that is a good moment to make profit. Wait and watch. The uptrend is a movement which is not easy to stop.
The MACD is better for trending stocks, and here we can see it above the centerline and its signal line - the Sign to buy and hold.
Enter: $45, 46, 47
Close: $60+
Likes/Comments, Yes please :)
Long CSCO on Penant 4 Candle PinNASDAQ:CSCO
BUY Penant / Mini Descending Triangle on a 4 Candle Consolidated Pin
CSCO - Story is still bullishCSCO - bullishness is confirmed. Green candle outshine the previous day red candle - confidence to buy CSCO is back.
Cisco - Lagging behind due to Dow Jones (Start of wave 1?)CSCO has been lagging behind every tech stock, and moving sideway with Dow Jones. Are we locking on to wave 1?
CSCO BUY WEEKLY 7.25% 3.14 pip TP 46.43 SL 41.35Today after the closing of the CSCO market will issue its quarterly report.
Analyzing the latest reports, all were positive above expectations and the chart on those dates had a 6% gap - 2.10 pip, less in the 05/16/2018 report that its value had already come from a maximum of 46.43 and fell 5.11 % 2.32 pip.
CSCO BUY WEEKLY 7.25% 3.14 pip TP 46.43 SL 41.35
CSCO Cisco systems entry long after positive MA 200 testAfter a poistive test of MA 200 the chart shows divergence on RSI. Actually the price has been traded ina a triangle since may, MACD is getting in bullish mode and what we see in the chart is a bullish wedge. Resistence between 43 and 43,25, tp1 at least 46 dollars
CSCO breaking out slightly, strong call buying volumeDaily chart reveals breakout of resistance within consolidation pattern. Should result in upper resistance of pattern being revisited in an attempt to breakout out anc continue into 50s. Move to mid 47s area seems most likely, the point at which resistance should be found again. Snaphot below shows hourly chart, giving a glimpse of the breakout. Shows last candle was the breakout, and that it held above the resistance, as if confirming it as a new support. Seems ready to make it's measured move upward.
CSCO Distribution IdeaCSCO looks to be distributing here and we may have already entered the markdown phase. The VPVR indicates some liquidity overhead, so I wouldn't be surprised for another test into that area before more distribution. I'm looking to short at that mid $43 level.
The four hour chart is also in its own micro TR that has yet to show a bias as far as I'm concerned, however, the macro looks bearish so I will go with the trend.
CISCO SYSTEMSFor CISCO SYSTEMS a bearish signal. It could be done a pullback on the blue trendline, but for cancel the signal, the price has to get back above it. If the price will fall, the first target is in the area $ 41.10/41.55.
CSCO Gap Profit PotentialCSCO massive gap at 45.10. We will bounce off the support line and head for this 45.10 gap.
CSCO possible call opportunityCSCO MACD reversing. Will hopefully bounce off support and head towards the gap at 45.10.
pick up some more CSCOi said i would get some more CSCO when it got to the 100 sma... i'm a little late, but better late than never :)
CSCO - Bullish Cup & Handle Pattern is (Almost Completed)CSCO stock, looks like a BUY at $43, will seriously consider doing either Call option spreads for this early coming week. Price action is now at 50% fib. retracment levels, so this is a good reversal area too.
$CSCO Long-term Bullish Ascending Triangle$CSCO Possible buy within ascending triangle - targeting 5% in short term, expecting two more moves within triangle most likely before any breakout.
CSCO before earningslooks like CSCO is going to flirt w/ the 46.23 until earnings on 5/16. assuming we have a positive report, CSCO just might gap up into the blue square; if not, we could gap down into the red square... which would make me sad that i closed out the top half of my previous strangle ;)
Cisco Bullish PredictionHi guys ! I ve got a bullish view about CISCO , tomorrow is the earnings post date with EPS 0,65 as a forecast and revenue forecast is at 12,43bln against 11,81 bln at last earnings post at February. As you see in the chart the price is above the EMA (200) , the trend from Heikin Ashi candlesticks is going to change short term. If the inverted head and shoulders diagram breaks above , I have a price target about 47,6 - 48,2
