Bought 400 CSCO at 32.18
Updated
CSCO may have 1 day reversal; shoulld wait until tomorrow. Keep a leash on it.
Note
CSCO closed where I bought it but will hang on and add if it rallies tomorrow.Trade active
CSCO is a slow mover but going to add to trade b/c potential looks to about $34-35 w/ downside limited to 31.50 ish making this 1:1.5-3. Technicians might note stock is over 200 day moving average so trend change possible.
The way stock is acting ...looks like it has a short collar on in v large size.
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