$CSCO SHORT TARGETING 48 Bearish Pattern Resistance at 53.8Lower volume during the recent bounce , negative divergence On RSI , MFI broken down uptrend , gap at 48
CSCO34 trade ideas
POTUS needs CISCO to succeed in 5G. Reversal Trade?CISCO may have quite a burden on its shoulder as the USA/Huawei conflict continues to roll on, POTUS needs American tech companies to catch up with the Chinese tech giant in the battle to become the 5G world superpower. This is a task of immense proportions and can not be won overnight and without huge investment in R&D.
In the shorter term CISCO's chart looks very vulnerable to a breakdown from a technical perspective, but has the 200ma and $49 support level as strong support. Despite this, CSCO have been consistent on earnings so we don't see and major negative surprise, overall there may be a great opportunity for a reversal trade.
AVERAGE ANALYSTS PRICE TARGET $58.86
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 17.77
SHORT INTEREST 1%
COMPANY PROFILE
Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol based networking products and services related to the communications and information technology industry. The firm operates through the following geographical segments: the Americas, EMEA, and APJC. Its product comprises of the following categories: Switches, Routers, Wireless, Network Management Interfaces and Modules, Optical Networking, Access Points, Outdoor and Industrial Access Points, Next-Generation Firewalls, Advanced Malware Protection, VPN Security Clients, Email, and Web Security. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA.
[Neutral to Bearish] CSCOFalling under from the long support above the 2 MA, It does not look good. If cross down, look for short.
CISCO SYSTEMS INC SHORTThe trend may continue into earnings but I would be concerned the closer it gets to Wednessday.
Breakout soon!My prediction: Doji in green circle. After hidden 56 dollar, it will rise. And squeezed between 57 and 58 and, and comfortable with hiding 73 dollar.
CSCO Range BoundCSCO has plenty of Buyback activity; however, it has remained stuck in a trading range pattern since last May. CSCO has Dark Pool Quiet Rotation™ Candlestick Patterns occurring within this trading range.
Potential Stock of the Day: CSCO July 9, 2019Currently the stock price is at its bullish channel's support and it formed short term multiple bottom so there is a probability that the stock price could surge to $63 or even higher if it could cross above $57.5 area.
Daily CSCO stock forecast analysis08-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: About to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
READ MORE: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.1% (HIGH) ~ -1.2% (LOW), -0.9% (CLOSE)
%AVG in case of rising: 1.5% (HIGH) ~ -0.4% (LOW), 1.0% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -1.6% (LOW), -1.2% (CLOSE)
Ascending Triangle for Cisco.Ascending triangle on day chart for Cisco. Looks like going to test resistance and maybe a breakout. Entered at 55.7 last week.
BullishIm currently not in this position , waiting for a price action conformation but I believe this is going up looks really bullish weekly trading above 80MA & testing old pullback level
$CSCO Iron Butterfly OpportunityA lot of stocks that have high implied volatility are coming up on earnings. Elsewhere, unless it's gold related, IV is dropping in the market. I like to keep a good balance between high vol trades and low vol trades. So I see an opportunity to sell an Iron Butterfly (technically a very tight Iron Condor) in $CSCO.
Cisco (CSCO) sellCisco Systems (CSCO), D1: Resistance zone + Pin bar + Side of Bollinger bands (20,2)
POSSIBLE REVERSAL $CSCOON THE SHORT TERM TREND IM BEARISH , LONG TERM IM BULLISH // Weekly currently trading above the 80MA , if the price fails to break above support at 57.27 I see this dropping & re testing at 54.85
Daily CSCO forecast timing analysis by Supply-Demand strength21-Jun
Stock investing strategies
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: About to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
View a Forecast Candlestick Chart Analysis of 10 days in the future: www.pretiming.com
(You can easily create a trading plan.)
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: -0.2% (HIGH) ~ -1.9% (LOW), -1.7% (CLOSE)
%AVG in case of rising: 1.6% (HIGH) ~ -0.3% (LOW), 1.1% (CLOSE)
%AVG in case of falling: 0.4% (HIGH) ~ -1.5% (LOW), -1.1% (CLOSE)
Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
