CSCO trade ideas
Cisco Systems shares Buy IdeaCisco Systems shares Buy Idea @Monthly Demand Zone (34.84 - 33.25)
Buy Limit: 35.05
Stop Loss: 32.59
Take Profit: 41.49
35% GAINS easy buy op incoming.DMAS will bounce this up. Watch for head and shoulders to form, in the case that it breaks 50 and 200. Look for support at the 400DMA as its close to bounce as well.
CSCO today we really start seeing the big down moveCSCO huge china exposure. It still is in the early stages of the move lower.
possible $CSCO long next weekR:R wise I think a long on CSCO next week could be a good idea. i'm going to see how it opens on monday and look for a long position...let me know what you think!
CSCO 120M butterfly reversalIs tech hot steak coming to an end? CSCO exhibiting a beautiful butterfly formation. What other butterflies can you spot? Clue...think banks, big banks...
WindowWe opened a window above the previous high. It may be likely that the price will further now if the window remains unclosed.
CSCO - UptrendShare prices managed to bounce at the bottom of the price channel and could be heading up to 42.85 resistance price point
Oh CSCO, the NVDA of the late 90's
Look at that run...well notice how i always say...Blow off high/low..rally to lower highs/higher lows and go...well csco rallied to a lower high and then the big short...YEAH straight line moves . At this point in the cycle as Jonny boy is studying..we don't even have volatility so tough to be bearish long term..study your past to know your future. The chop before the drop is mandatory.
CSCO Breakout12/11/17
CSCO has been a strong uptrend from a giant earnings gap.
Consolidation here has led to a tight triangle and an explosive move today. Looking for a break above $38 @ $38.20 to play the strength. Good RSI and weekly trend too.
Profit: 39.45
Entry $38.10
Stop $ 36.70
Jan18 38 Calls for $0.80 OBO on a break of $38.10.
Is CSCO still a buy?Looking at the charts we could expect a slight pullback down to the $35 level. We are still within the bounds of a strong uptrend but as we approach the upper resistance level as the RSI is approaching 70 a pullback would be warranted.
CSCO Continuation of bullish trendCSCO Looking for a continuation of the bullish trend. Broke out of resistance at 34.73. Indication of a bullish trend, above the 13 ema.
CSCO 10 year high - long this goddamn breakoutI have been watching Cisco for a long time,
Not only is it the biggest networking company in the world (or one of them,) but it has somehow managed to underperform the market even whilst cybersecurity and such are becoming such big trends.
There are several reasons, however one of the main ones is the report that came out saying that the growth of earnings may be disappointing due to a shift to software.
However, even though it may be a shock for investors - this actually shows they are actually adapting to change, which is a win in the long run. Last earnings report, they beat the expectations which triggered a bullish breakout and 10 year high. This has the potential to go to at least $80 - and is still a decent dividend & value stock even at this price.
I would start buying now, and possibly if we see the gap being filled lower down.
Looks like Cisco CSCO is following the leader long hereCSCO seems to be following technically the footsteps of INTC and MSFT.
MSFT has run a lot but INTC looks to be on that pathway as well with CSCO just starting. Nice round basing pattern then pop goes the weasel.
I like it long. Especially if it continues like INTC and MSFT has. Feels like the 90's all over again :)
