CSCO 5-Day Ahead Prediction 04/30 - 05/04 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Cisco Systems Inc ( CSCO ) have been plotted on the chart.
The method used in this prediction is Deep Learning/Artificial Neural Network based, and using complex mathematical models/methodologies to analyze and extract hidden time series features in vast amounts of CSCO related data. The "trained" and optimized neural network then generates the multi-day ahead predictions which are plotted on the chart and given in the explanation below.
The expected 5 Day Change is 1.328 %
Predictability Indicator is calculated as : 0.756
Predicted 5-Day Ahead Prices are as follows:
Mon Apr 30 Tue May 01 Wed May 02 Thu May 03 Fri May 04
45.083 45.172 45.185 45.233 45.304
Please note that outliers/non-linearities might occur, however FinBrain's Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World Indices/ETFs/Foreign Currencies/Cryptocurrencies.
CSCO trade ideas
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.
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.