CSCO trade ideas
CSCO: Consolidation.Consolidation is broken upwards with the minimum target level around 65. The next target is based on the breakout of the long-term resistance level with the minimum target level around 80.
Iron TariHi guys,
this is again a CSCO short condor, 4 weeks and 3% strike, gives 30$ credit for 1 dollar Spread. RR is 30/70=0.42, but according to the strategy the odds are at our side, 88% to earn all the premium.
The short strikes are 51 and 54, so BE are at 51.30 and 53.70.
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Enjoy your wallet!
Tari.
CSCO Flush UpTook this trade in anticipation of the flush up. Factors included Index turning bullish, parabolic SAR, Stochastics, and MACD turning bullish.
Target price based off previous flush up distance, and also at next support
50 100 & 200 MAsThe 50MA 100MA 200MA are indicators i used most on a day chart to determine if the chart is a good chart to swing trade and i use the weekly to determine trades for L.E.A.P.S. with those same indicators
CSCO Possible (much needed) BreakoutYou can see the resistance, downtrend had been getting less and less steep, while each time there is a low point there is a lot of Volume. Also, the upward trend is starting to increase as well. NASDAQ:CSCO is undervalued IMO. Their equipment is in every major company and they are not held back by the chip shortage since they produce different products.
Cisco Bounces at the 50-day SMACisco Systems had a big surge in March, followed by two months of upward sloping consolidation. Now the chart may be signaling another leg to the upside.
First, prices have held the 50-day simple moving average (SMA) and are bouncing. That suggests the uptrend is intact.
Second, notice the sharp drop on June 18 followed by a quick rebound. That resulted in a kicker candlestick pattern -- a sign of buyers lurking beneath the surface.
Next, CSCO closed above its 21-day exponential moving average (EMA) yesterday for the first time since June 15. That could soon pull the 8-day EMA above the 21-day EMA, which could indicate shorter-term momentum is getting bullish.
Fourth, CSCO just completed a bullish inside week. That can be a sign of prices stabilizing before a push to the upside.
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CSCO solid area of valueGreat low risk trade here. Broke a trend line and showing strength.
Trade smart have fun!
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IRON TARIHi guys,
my indicator shows a 70% probability to end ITMm 4 weeks, 11% strikes.
But premium is very low, so since there is always a 30% chance to end otm, I reverse the condor, and I narrow the sold legs too @48$ and @57$, instead than 11% ( 47$ and 59$), to encrease the odds to end otm, let's say from 30% to at least 40%.
But for a 40% probability to win I have a wonderfull RR ratio at my side, becuase with 1$ spread max primuim is 80$, and max loss 20$.
So even when the market pays less, we know how to get the best out of it!
Subscribe for free to get access at my indicator.
Enjoy your wallet!
Tari.
Cisco Wedge (short it)the Dow Jones is correcting from a bearish rising wedge. I've counted 2 companies so far that have already Suffered their own rising wedges JPM and CAT.
Looks like Cisco is the next.
Waiting for a break in trendline (white line) for conformation
CSCO RISING WEDGEIt looks like rising wedge.
If it can pass the green line, it may start the movement.
Red is support line.
This is not an investment advice, it is a note for myself to follow up.
"CSCO Long" Bullish $CSCONASDAQ:CSCO $CSCO SETTING UP NICE FOR NEXT LEG HIGHER WILL BE WATCHING 53.77 AND 54.14 BREAKS TO SEE IF THIS CAN MAKE ITS NEXT LEG TOWARDS THAT 60-62 AREA OF RESISTANCE ON THE 54.14 BREAKOUT
Cisco wait till get it cheaperCisco Systems usually gets cheaper in September till November an then can be a god chat in the 3 quarter 2021 to buy.
Sector rotation, chip shortage and other current situations points to, that cisco may not get a lot of positve stock price movement in the next months... And it is totally over valued!
But Cisco is one of the biggest player in cyperscruity.
I put it for later buy on my Cypersecurity Watchlist, since I longterm bullish with this stock.
