CSCO34 trade ideas
How To Turn $2k into $20kWe have a fantastic opportunity to end 2020 with a bang, and I am going to explain how you can turn $2k into $20k the final week of December. First I want to wish everyone a Merry Christmas and this post is my Christmas gift to you. We will either loose $2k together or make an $18k profit together. There is risk but in my opinion the reward is so significantly greater and likely. I am going through with it, and in the end it's your call. No pun intended.
CSCO recently received a buy signal on the Bollinger Bands, and has growing bullish divergence on the MACD, and D+.
With such strong divergence and CSCO being so close to breaking resistance, I believe we will see a break out and see the stock hit new highs.
My strategy is to buy 100 contracts ( calls ) for CSCO to hit $45 a share by 12/31
The contracts are currently trading for 0.19 a contract and I can see the contract value hitting a high of $2.00 a contract
I want to give all the credit to @avakstocks for finding this breakout opportunity after learning to use my technical analysis strategy.
This is a big opportunity and I ask that if you decide to make this power play and win big, to donate a small fraction like $50 worth of coins to @avakstocks to help fund his pro membership.
Comment your thoughts below, follow to see what happens, and make sure to like if you think this will happen!
Bought on saleIt's 50% off compared to its intrinsic value.
It could go down further, thus the stop. It's "risky".
Out of all the tech stocks I've looked at $ CSCO has the BEST fundamentals.
High growth potential.
You probably want to wait for when it goes back up or grab some call options.
I only bought a single share. So it could go to 0 I wouldn't cry about it.
The fundamentals are there. The price doesn't make sense this low.
Cisco- I will continue to hold longCup and handle formation has confirmed after prices had a strong breakaway gap, thus giving a strong confirmation of the upside by the pattern. Additionally, the target level of 161.8% extension has yet to be met. Hence, we are looking at the stock correcting to the nearby demand zone before edging upwards.
$CSCO a marginal bullish outlook following Earnings releaseThe PEAD is projecting a marginal bullish outlook for $CSCO after a positive under reaction following its earning release with the stock currently trading just above the median line of the projected PEAD cone.
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$CSCO Cisco Systems - Potential to fill Huge Gap on chart
CSCO had a barnstormer earnings report and provided some very bullish guidance.
teh stock is still 15 5 of its 2020 high so there is potential for further upside .
Alert set for move above $42.00 with $43.88 as the first major resistance from the previous quarter Gap down.
Use Horizontal levels on teh chart as possible targets