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CSCO

Cisco Systems: Buying at Resistance Turned SupportCSCO - Short Term - We look to Buy at 59.26 (stop at 57.57) Preferred trade is to buy on dips. We have a 38.2% Fibonacci pullback level of 58.97 from 51.08 to 63.84. Previous resistance, now becomes support at 59.00. 20 1day EMA is at 59.80. The bias is still for higher levels and we look for any dips to be limited. Our profit targets will be 63.83 and 64.50 Resistance: 65.00 / 70.00 / 75.00 Support: 60.00 / 55.00 / 50.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:CSCOLong
by Saxo
Well, why wouldn't Cisco drop? CSCOAnd it would appear to. A momentous rise there, but all goo things must come to an end some time. Cisco is no exception. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:CSCOShort
by Rykin_Capital
CSCO | Corrective structure on a major levelToday I will speak about CSCO. The price is against the previous all-time high since 2002. As you can see, the sequence we have right now happened two times in the past. The price reaches the top, makes a correction, breakout, and small throwback on the broken structure (daily chart), and we have a bullish impulse. Based on that, we are in the situation where the price has reached the top, made a corrective pattern, and what I want to see before Trading is: a) Breakout of the ABC pattern b) 2 days correction c) Trading on the new high, stop loss below the correction. Target on the weekly resistance level or below. The expected risk to reward ratio is 4, and I will be risking 3% of my capital IF this happens as expected. Remember that the main point of Trading this way is that we are on a pattern that has happened in the past, and we are assuming that if the conditions are the same, we have certain chances to see the same resolution. My track record,d trading this way since 2019, has shown me that we can expect a 50% win rate. However, that's all we need if our average risk to reward ratio is higher or equal to 2. Thanks for reading!
NASDAQ:CSCO
by ThinkingAntsOk
2
CSCO has breakout from it's long term uptrend channelNASDAQ:CSCO Hi everyone , we hope you're all fine and having a nice time. let's take a look at CSCO chart together : - A long-term uptrend channel is recently broken - The price is going to move as a pullback now - Also the price is so close to touching the 50 EMA - also there are fundamental issues that can affect on the price of CSCO to fall ---------------------------------------------- I think we must wait for price action and candlestick confirmations to the pullback and after that we can take a short position with 1.72 R/R ---------------------------------------------- what's your opinion guys ? I'd be glad to see your comments and ideas .
NASDAQ:CSCOShort
by mahdirhimi
CSCO Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
NASDAQ:CSCOShort
by hadimozayan
CSCO Log Chart AnalysisGood reclaim of important monthly level, I'd prefer to see a nice retrace back to 57s but the opportunity cost may outweigh the better entry. We're entering peak euphoria ranges from the internet bubble... if we escape this range, north of $82 the fun really starts. All time highs are a mere 40% away, with 50%+ upside from there. Take profit levels marked using fib retracement of the internet bubble top and bottom. I expect this to run from this spot, good R:R with scaled stops under the monthly level. Considering this analysis was done at high time frame, it may take a while to play out. Below 53.41, I think this trade is invalidated.
NASDAQ:CSCOLong
by pobudz
"You mean it was a bubble?", "Always has been" $TSLA $CSCOWhat else is there to say? This will be looked back on as the epitome of the 2020 stock market bubble akin to Cisco back in the dot com era. A sign of our times. This chart is a thing of beauty, but unfortunately the music has come to a stop. I don't suppose Elon becoming the richest man in the world, changing his name to "the Technoking" and shilling Doge on SNL is a top signal, right? "But money printer go brrr"... Well I guess that means everything will go up forever. Hopefully their claimed losses from their bitcoin investment will be able to offset the lack of income. The chart speaks for itself. Tesla promises the future but isn't there yet. Sound familiar? Keep in mind NASDAQ:CSCO has never reclaimed the 1999 bubble top AND they ended up delivering as a top player in the industry. Tesla may be able to justify $900 stock price again some day but I wouldn't plan to see that money anytime soon. ngmi
NASDAQ:TSLAShort
by osirisprophecy
NOK: Signs of Life? 1st Target $4.5NOK is showing signs of life, with good buy volumes. Cheapness aside and 5G growth, my view is NOK is a prime target for all the SPAC money out there to take it out. It's a real business with real cash flow. And at a ridiculously cheap valuation, mainly because we are in a market, fashionable stocks take in most of the money flow. $4.5 could be easily achieved, then consolidate and target $5, 6, and $7 gradually as it does have a large float, not so easy to move.
NYSE:NOKLong
by Jonas99
3