Cisco Systems Long trade into earnings $csco
Possible inverse Head & Shoulders forming.
Bullish moving average crossing
RSI in strong reversal.
Target price $52.56
Stop loss $48.68
Entry dependent on market action
CSCOD trade ideas
CSCO Struggles to Complete BottomThe 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.
CSCO in In 2nd wave or already in 1st of 3rd LONGCSCO seems to be in 2nd, ready for 1st of 3rd wave of 5 LONG
CSCOPossible head & shoulders forming? *Should* make its way down to the neckline over the next month or 2. Price rejected monthly 20 sma.
Cisco looks bullish
Possible inverse head & shoulders developing
May have been overly pessimistic with outlook.
7&122 moving averages crossing bullish.
MACD and histogram bullish reversal.
RSI in strong uptrend.
Market sentiment bullish.
CSCO Stock Strong area Jan 2020Happy New Year to y'all!
We expect CSCO's shares to reach the resistance at 50 (Strong area + psychological area) and re test or fall to 45 USD with side movements until uptrend or downtrend momentum.
If you buy a price market you need to put a nearby Stop Loss (less than 1USD) 'cuz the target it's about 2 USD per share
CSCO Weakening Bottom FormationCSCO has been struggling with a weaker short-term bottom formation that has gapped several times to form Island Gaps. CSCO recently failed to break to the upside against weak to moderate resistance above the current price. The reason is that the giant Buy Side Institutions are not quietly accumulating CSCO at this time.
"Cisco: up move coming soon" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Descending Trendline.
- Price is on a correction.
- If price starts its up move, potential to go up towards the Resistance Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
$CSCOFresh demand at 47.5 still holding, flaggy on the hourly. Look for calls as long 47.5 level holds. We might visit 49 soon. Bearish case would be a close below 47.5 demand.
$CSCO Identical bearish candle with higher volume Highly BearishClosed with large red candlesticks with higher volume similar to volume during recent drop (covering positions) if broke black channel below 46 we can confirm bearish trend targeting 40 on longer term which around 20% drop from current level.. please check previous analysis for further details. thanks
$CSCO short, bounce off top edge of downward parallel channelNASDAQ:CSCO - short, bounce off top edge of downward parallel channel, good risk reward
CSCO - Turned Bullish - Short Term EntryCSCO (3 days ago) broke out of wedge pattern, had bullish EMA cross, and price crossed the 10WeekMA.
These are all bullish signs.
Trend on Weekly view just turned bullish.
In my opinion, this should provide a good short term entry.
My play below outlines how I reduce risk and maintain short-term entry in CSCO.
My play here
27-Dec Expiry - 45/50 put credit spread. $2.10 or more credit.
Close in 1-2 days at $1.36 debit or less preferably.
In this example, we are selling puts below current price which we expect to expire worthless.
Since we sell them, we want them to expire worthless so we keep the credit.
You choose to hold to expiration to keep max $210 credit, or close around 50% profit in day or two.
We can repeat this as long as trend continues, using options about 14 days out selling them and getting out in 2 days.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC
i33. CSCO Cisco Systems IncBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
"Cisco ready to start its up move" by ThinkingAntsOk4H Chart Explanation:
- Price bounced on on the Weekly Ascending Trendline.
- Price broke the Descending Trendline.
- CCI indicates that a correction should come now.
- We expect a Bullish Corrective STructure before going up towards the Resistance Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
CSCO: NASDAQ - Critical resistance around 45.60Cisco Sytems share prices are currently up more than 3% in today's trading session but face a significant challenge at the current price level, which saw prices failed to proceed further in previous attempts. If it makes through the current resistance, then the next target could be around 46.25 to 47.00. Support is at approximately 44.80 and 44.25
Bullish CSCOHow about the 45.68 level for Christmas? That's the level to focus on for this move higher expected in the next couple weeks. Bullish CSCO.
LONG CSCOExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Diamond reversal pattern extended (update)Diamond pattern has extended. I left the old solid pink line, but added the new dashed pink line as the pattern extended. I also added inverted head and shoulders notations. Note the nested smaller fractal H&S of today and how it fits into the larger H&S of the past five days.
Again, CSCO is closely positively correlated with the overall NASDAQ. So barring a CSCO specific catalyst, the two are going to move in the same direction. I'm expecting the overall markets to continue their climb on Friday and thru the light volume Thanksgiving holiday.
