CSCOSeems MFI reached its top, going to llook at Accum/Dist for confirmation, RSI already started going down with Stoch. I think this thing can pull back a bit. What do you all think?Shortby OlegmPublished 0
Cisco catching the DowAfter a big gap down, Cisco is becoming interesting. Let's take a look at what happened last 6 months. After a strong rally, the stock gapped down strongly in August, a sign that the big uptrend is over. At the 3rd wave bottom, which at the time i thought to be a C from an ABC correction we had a tripple bullish divergence, both on the MACD lines and histogram, indicating that there might be some up movement. There was up movement, till the earnings report dissapointed strongly. After the gap down following the bad Q3 earnings report, the stock stopped declining at the 20 psychological level, where we also had older support levels, forming what looks like a sharp bottom. Last 3 weeks, i can see some bullish activity. Considering that Cisco was well correlated with the DOW Jones last years, I expect them to synchronize again, shorting the Dow now would be a bad thing to do, so the alternative is going long Cisco. If we look at the way the stock moves, I mean the lower lows and lower highs, we notice that this high is exceeding the previous one made after there were some bulls buying after the Q3 earnings report. The MACD has been giving us bullish signals a week ago, all details outlined on the chart. IF and only IF we have a close over the blue weekly resistance line, I am going long, first two targets outlined on the chart. However, if we close over that level i expect the stock to go even higher than my targets, but it's a long road till there. First let's see 25 bucks per shareLongby vlad.adrianPublished 445
Anyone notice this mini positive divergence?Seems like a big boy closed the Dec 19 Ps for .02. And, Mar 22/24 call spread x8.3k I think is opened. The Jan 20 P seems to be STO as well x6k. Jan'15 $17 P x2.2k traded at bid .87... 75k calls vs 32k puts..Longby beckyhiuPublished 0
Updated chart. Watch for a potential BO along with some bullish weekly activity.Longby beckyhiuPublished 0
Possible divergence?Improving RSI. Biggest trade today was a STO of the Jan'16 $18 Ps. Monthly 21/22s active. Bullish article yesterday from Schaeffer's as well. Long some LEAPs already. On watch to add more. Link: www.schaeffersresearch.comLongby beckyhiuPublished 0
Cisco - Possible uptrend resumeCisco Systems has been in a strong uptrend for a long time, completing a five wave formation. Last months we can see an abc correction till the 38.2% fib, around the 200 day moving average. If we look closely at the top (at wave 5), and look closely at the recent bottom (at wave c), we can see a perfect simetry, a double divergence. Red lines represent strong support and resistance from the weekly charts. Close support is the blue line. First target is at the 61.8% fib retracement from the top, and the second target is the actual top. Remember, this trade is relative to the earnings report and the price action preceding it. If the report comes out good and there is no gap or strong bullish price action, i would be really reluctant toward this trade. For now the trade is in stand by, waiting for confirmationLongby vlad.adrianPublished 220
Cisco Potential Recovery AheadCisco shares breaking higher, as price may be heading to resume the overall long term bullish trend. After testing its main ascending trend line, price has broken a classic falling wedge bullish pattern, key horizontal resistance around 23.40, 23.40 is also a neckline for Adam and eve double bottom pattern. Targets and technical notes outlined on chart.Longby TechnicianPublished 110
CSCOBullish divergence all over the map. But be aware of the gap fill target at 21.40. Trendline support area was participated by longs, but we do need to see it close above the down trend line. Earnings coming up in a few weeks, I would expect a run up to 23.68 then 25.96 after earnings comes out.Longby angrybear168Published 0
CSCOVol has been decreasing during minor UT. Eyes on FOMC. 200MA Rejection. Top of Falling Wedge. Remain bearishShortby Vinny10Published 0
CSCORemain Bearish here. Bullish Harami will fail under pressure. Below all key MA's, Stoch working off.Shortby fiblinePublished 0
I say bullish, waiting for signals. Waiting tomorrow to seeEverything is written in chart, so that it is easier for you to understand my toughsby AlexandreFFPublished 0
CISCO : On the way up guided by mini median lineBeauty of lines encapsulating market flow and defining market structure. Sliding Target Profit 1 will meet first resistance of upsloping purple Sliding Parallel. Overall trend is up.Longby jefftanPublished 0
CSCOnotes on chart. Very nice Descending Triangle BO on Monthly, but nearing an important resistance areaby KLangPublished 112
We will suggest Bullish Call for August We will suggest Bullish Call for August if the daily candle close above the triangle Longby NashwanPublished 110
Earnings Watch.$CSCO. Sorrily priced with such deep and rich potential. Get to know how it responds to the uptrending market. Nobody really seems to care and I am thinking maybe they should start doing proper homework. Sincerely, Beauty - Please follow me on twitter @BeautyBubble and here on TradingViewby BitcoinMedusaPublished 110