CSCO trade ideas
[CSCO] Strong Tech Name Looking to break Resistance at ATHCisco, it's got the story. It's got the upcoming earnings .
Besides the technical charts showing strength, it's attractive and I'm surprised I haven't heard a lot of news coverage given earnings coming up.
CSCO 0.72% has the cloud thing going on, it's got the telecoms aspect in a digital way that integrates with its cloud and enterprise solutions. Having that sort of niche-type aspect of cloud solutions seems solid since the competition isn't coming from broader Cloud players like AMZN 0.98% , GOOGL 2.87% , MSFT 1.18% , etc.
Intensive focus on a niche-(ish?) areas in the future of tech is always a buy for me. AAPL 0.70% has been doing the same thing since the 80's without giving a damn about all the people saying that the company is dead if they don't branch out.
“People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are... Innovation is saying no to 1,000 things." - Steve Jobs
CSCO stranglethis strangle just might result in my shares getting called away... i won't be upset to make some $$... but it would be nice if both expire worthless! i THINK that 46.23 support will keep us from getting called away; time will tell :)
CSCO 5-Day Ahead Prediction 04/30 - 05/04 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Cisco Systems Inc ( CSCO ) have been plotted on the chart.
The method used in this prediction is Deep Learning/Artificial Neural Network based, and using complex mathematical models/methodologies to analyze and extract hidden time series features in vast amounts of CSCO related data. The "trained" and optimized neural network then generates the multi-day ahead predictions which are plotted on the chart and given in the explanation below.
The expected 5 Day Change is 1.328 %
Predictability Indicator is calculated as : 0.756
Predicted 5-Day Ahead Prices are as follows:
Mon Apr 30 Tue May 01 Wed May 02 Thu May 03 Fri May 04
45.083 45.172 45.185 45.233 45.304
Please note that outliers/non-linearities might occur, however FinBrain's Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World Indices/ETFs/Foreign Currencies/Cryptocurrencies.
Cisco Systems shares Buy IdeaCisco Systems shares Buy Idea @Monthly Demand Zone (34.84 - 33.25)
Buy Limit: 35.05
Stop Loss: 32.59
Take Profit: 41.49
35% GAINS easy buy op incoming.DMAS will bounce this up. Watch for head and shoulders to form, in the case that it breaks 50 and 200. Look for support at the 400DMA as its close to bounce as well.
CSCO today we really start seeing the big down moveCSCO huge china exposure. It still is in the early stages of the move lower.
possible $CSCO long next weekR:R wise I think a long on CSCO next week could be a good idea. i'm going to see how it opens on monday and look for a long position...let me know what you think!
CSCO 120M butterfly reversalIs tech hot steak coming to an end? CSCO exhibiting a beautiful butterfly formation. What other butterflies can you spot? Clue...think banks, big banks...
WindowWe opened a window above the previous high. It may be likely that the price will further now if the window remains unclosed.
CSCO - UptrendShare prices managed to bounce at the bottom of the price channel and could be heading up to 42.85 resistance price point
Oh CSCO, the NVDA of the late 90's
Look at that run...well notice how i always say...Blow off high/low..rally to lower highs/higher lows and go...well csco rallied to a lower high and then the big short...YEAH straight line moves . At this point in the cycle as Jonny boy is studying..we don't even have volatility so tough to be bearish long term..study your past to know your future. The chop before the drop is mandatory.
CSCO Breakout12/11/17
CSCO has been a strong uptrend from a giant earnings gap.
Consolidation here has led to a tight triangle and an explosive move today. Looking for a break above $38 @ $38.20 to play the strength. Good RSI and weekly trend too.
Profit: 39.45
Entry $38.10
Stop $ 36.70
Jan18 38 Calls for $0.80 OBO on a break of $38.10.
Is CSCO still a buy?Looking at the charts we could expect a slight pullback down to the $35 level. We are still within the bounds of a strong uptrend but as we approach the upper resistance level as the RSI is approaching 70 a pullback would be warranted.
