Potential reversal/ sell-off coming in a couple of weeksI assume three wave correction is close to its completion on a senior t.f. Will not be surprised if price will drop dramatically to in a move, equivalent to the first leg down, visible on the chart to the left handShortby UnknownUnicorn33825801
CSCO: Steep rise to new all-time high poised to shift sidewaysCSCO is one of the very few Dow 30 components at a NEW all-time high. CSCO is riding on new technology in 5G and other areas. The gains are slowed down by some selling but the steep angle of ascent has continued. The stock is poised to shift sideways ahead of its earnings report date. by MarthaStokesCMT-TechniTrader1
$csco Cisco has a bright future in 5GCisco may not be as glamorous as AAPL AMD MSFT & GOOGL but it has made a very impressive breakout on strong earnings and guidance. CSCO is the worlds leading provider of communications equipment and at the forefront of 5G. CSCO is a integral part of many industries and has diversified and recurrent revenue streams. It is not old tech anymore, data center, security and analytics are major growth areas for new tech and a new CSCO. Longby RedHotStocks5
CyclistThe cyclist 25 minutes ago should have indicated a bottom building. It failed obviousely. Therefore short.Shortby motleifaulUpdated 1
CSCO- heading loweronly basing this on volume. Buyers on the 15th are now trapped and losing money. Shortby dsablan020
CSCO short pullback. 1. RSI oversold territory; 2. RSI small divergence short bias. A. Watch for first level at $48 target; B. Watch major Fib level at $45 target, which is also a major previous resistance level that could become support.Shortby hcpa0
$CSCO approaching trendline resistance zone. Short opportunity$CSCO Approaching major trendline resistance. A great short setup at $53 with a profit target of $48.31, which meets long term support and is a partial gap fill. Usually with gaps, there will be a partial (mid-way) gap fill on the first attempt, then a snap back rally, consolidation and at some later point a complete gap fill. This $CSCO opportunity is a great low risk high reward setup, with a stop just above the trendline resistance zone. I've added the short setup to the chart. Cheers.Shortby vergunUpdated 2
CSCO - LongTRADE IDEA Entry = 51 (if it hits before breaking out) Target 1 = 52.09 Target 2 = 52.88 Stop = Daily close below 51 Trade is invalid if it drops to support based on bad news.Longby Blackhole-Trading1
Cisco Systems, Inc. Sell NowThe share in PZR of the bat pattern which is match with the trend line so I suggest to sell it now.Shortby IhabMax111
CISCO - The Backbone of the InternetCisco Systems Inc. (Cisco) has long been THE player in the USA for global network equipment hardware sales like routers, switches and gateways. In recent years it has also, like many hardware companies, moved into software applications and security. The technology giant, often referred to as the backbone of the internet, reports its quarterly earnings later today after the close of the New York trading session. The shares have been in high demand following the December low at $40.35 closing yesterday at $47.89, just below the key 52-week high of $49.47 . The rally from December 26 represents a gain of some 18.68%, which outperforms the USA500's gain of 16% over the same period. Last quarter CISCO revenues jumped 8% to reach $13.1 billion, ahead of all estimates. More specifically, the application business surged 18% and security climbed 11%. It also saw its adjusted earnings per share jump 23% to also beat estimates. Today Cisco are calling for its second quarter 2019 revenues to climb between 5% and 7% and its earnings per share (EPS) to come in at the $0.71 to $0.73 a share range. Market expectations have cooled recently, with a change in outlook from Morgan Stanley issued just yesterday that changed their recommendation from “overweight” to “equal-weight” and lowered their price target to $49.00 from $51.00 a share. Nomura too also downgraded the company to a "Neutral from a "Buy" in December. However, Pipar Jaffray reiterated their "Overweight" rating in October with a price target in the $50.00-$53.00 range and remain the most bullish of all analysts covering Cisco. Technically, the Fibonacci extension suggests the stock could rise to the $53.00 level should the 2018 $49.00 level be breached and broken. Key support sits at S1 and the 61.8 Fibonacci level at $46.75 , the 20 day-moving average and S2 at $46.00 and finally the 200-day moving average at $44.40 . Come join us today at www.hotforex.com Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.Longby HotForex111
Cisco is overpriced analysts say, chart agrees.A lot of analysts are switching from buy to hold and sell on cisco, and the chart tends to agree. The stock is overextended without any retracement since its strong move up. If we confirm top here we are starting a nasty downtrend channel. RSI: Close to sell Stoch: Sell 21 sma - 77 sma - 231 sma: Price is moving higher than all SMA's with the 231 day sma flattened out (meaning we are out of upward energy). The 21SMA crossed under all the other SMA's which si bearish and the 77 SMA is pointing towards negative price movement too. Furthermore... we're in an ascending wedge that is going to break.Shortby boleroking2
Pullback with CSCOWrite sometning about your psyhology thinking before trade? It was vaccation day and i am qute in good psyhological shape Describe the trade. What you see? It is abut the pullback which I didn't play for a long time. I see the price will go down to next support level which is around 34, but it will take more time then ussualy. Must wait for month or two. What have I done well for this trade? enter on a pull back was according to the rule What can I take away to help with later trades? that you didn+t made any baktesting for such a tradeby matjaz700
CSCO SELL (CISCO SYSTEMS, INC)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.by thunderpips5
Cisco Systems, long term short playWe can see a basic bearish wedge/flag here, with volume dropping during this rally. Also against a big resistance zone now. So i am going to short it here and will increase if the wedge breaks and prob increase if the low breaks as well. This position is something i will prob keep for several months. Shortby botje113391