Up sloping flag pattern on CSCO's Daily chart, and currently at resistance. We should see a spike up really soon.
Target profit 1 is $52, next resistance.
Target profit 2 at $54 is unlikely. However, if buying pressure proves to be strong, then this is the next resistance.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Target profit 1 is $52, next resistance.
Target profit 2 at $54 is unlikely. However, if buying pressure proves to be strong, then this is the next resistance.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Note
no spike up but setup still validNote
$0.60 shy of target profit 1.If today ends up a shooting star candle pattern, then i'll look to exit the next day
Note
Target profit 1 hit!Heading towards target profit 2
Trade closed: target reached
Price seems to be slowing down.Target profit 1 hit but may not reach TP2.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.