CSCO34 trade ideas
CSCO Daily Bull Flag Setup CSCO looks to be setting up a nice bull flag to go long. Set a base and has been trading sideways for some time. A breakout could send this to Mid 50s in my opinion short term. RSI has been chilling out as well which is a good sign. Not a bad idea to start a small position now and scale in on confirmation of a breakout. You can have tight stops under $51 for minimal loss or let it go some to $50.
Shares or 5/21 and later options near the money or in the money would be good for this play if you like it.
NOT FINANCIAL ADVISE ONLY SHARING MY OPINION ON THE STOCK!
CSCOCISCO.. should I SELL? and buy at the bottom of the channel again? I don't think so.. too much risk.
CISCO Rising wedge, Gravestone Doji My short entry would be a drop below 50.25 or a fall out of its channel.
Targets are red lines , at 48.23 is a double top. final target is its 50 ma at 46.90
Rising wedge
Gravestone doji
selling volume increasing.
Gold mansachs just gave this company price upgrades to 59$ and it still couldn't break out.
keep it on your watch list!Doji+Doji+ shooting star Doji = sell opportunity..!
for safer entry, you can wait until a break below 50..!
CSCO over 50.00Great looking weekly and monthly charts with a double bottom/rounding bottom that it is just beginning to break out of. Eyeing Jan 2022 50-55c.
CSCO possibility to retest 54$Two options for CSCO before the next earnings. First option if CSCO is able to close above 50-51$ we will be able to see it run towards 54$ before having some resistance. Second option if it fails to stay above 50-51$ then most likely it will continue on some sideways trading and probably flush on earnings towards 45$. But I wouldn't suggest playing the earnings since its a 50/50 coin flip.
Keep it on your watchlist!
CSCO looking suspicious Looking a little suspicious, especially that ChaikinOsc, it's practically 90 degrees down. Not sure what'll happen but keeping it in mind going into this week.
CSCO about to spike up!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!
$CSCO with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $CSCO after a negative over reaction following its earnings release placing the stock in drift C
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CISCO SYSTEMS 4 HOUR- BUY
- PRICE BROKE ABOVE KEY RESISTANCE LEVEL AT 48.21
- PRICE ABOVE 8 & 14 MOVING AVERAGE CONFIRMING UPWARD BIAS
- PRICE MIGHT GO UP AND RETEST 48.21 AS SUPPORT THEN MAKE ITS WAY TO 57.11 PRICE MAKING A SERIES OF HIGHER LOWS AND HIGHER HIGHS
Could break throughMonthly MACD / volume screener, shows Cisco, should have the strength to break the fib this month, and test the last high.
Cisco is in the DOW, and DOW has been rejected today, so DOW may drag it down.
Cup and HandlePossible Bearish Rising Wedge noted..CSCO has pierced bottom trendline. Long when fall complete and long entry level met.
Handle low (HL) and mid cup (MC) are often sources of support.
Earnings 5-11
Not a recommendation
Cisco systems looking to buy On daily decline in to support zone
On 1hr engulfing with reversal
Candle open with gapping down but closed all the way on the top and only green candles after that. Someone buying and I will look to buy too.
Cisco Pulls Back to Multi-Decade Support Cisco Systems has gone nowhere for three years, but now the tech stock may be showing signs of life.
First, notice the pullback from new highs in early February.
Second, notice where CSCO broke out and is trying to stabilize. The current $45.50 level was resistance in December in January. Prices also chopped on either side of it between August 2019 and February 2020.
Looking back a little further, it was a peak in early 2018. Looking back a lot further , this same price zone was support for CSCO all the way back in late 2000 as the dotcom bubble was deflating:
Moving back to present, the 50-day simple moving average (SMA) has now caught up to converge with that key price zone. It also had a “Golden Cross” above the 200-day SMA on January 14.
Finally, stochastics suggest CSCO is nearing an oversold condition.
Given the importance of this level, prices could need some time to consolidate. However, investors may see opportunity in the stock around these levels, especially because its cyclical business could benefit from an economic rebound. Earnings, revenue and guidance beat estimates last quarter, with management citing “encouraging signs of strength.”
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CISCO SYSTEMS (CSCO) BUYI am going long after seeing price reject current support. I most likely will hold for the long term but for now I am targeting previous resistance.
