Cisco - Lagging behind due to Dow Jones (Start of wave 1?)CSCO has been lagging behind every tech stock, and moving sideway with Dow Jones. Are we locking on to wave 1?
CIS trade ideas
CSCO BUY WEEKLY 7.25% 3.14 pip TP 46.43 SL 41.35Today after the closing of the CSCO market will issue its quarterly report.
Analyzing the latest reports, all were positive above expectations and the chart on those dates had a 6% gap - 2.10 pip, less in the 05/16/2018 report that its value had already come from a maximum of 46.43 and fell 5.11 % 2.32 pip.
CSCO BUY WEEKLY 7.25% 3.14 pip TP 46.43 SL 41.35
CSCO Cisco systems entry long after positive MA 200 testAfter a poistive test of MA 200 the chart shows divergence on RSI. Actually the price has been traded ina a triangle since may, MACD is getting in bullish mode and what we see in the chart is a bullish wedge. Resistence between 43 and 43,25, tp1 at least 46 dollars
CSCO breaking out slightly, strong call buying volumeDaily chart reveals breakout of resistance within consolidation pattern. Should result in upper resistance of pattern being revisited in an attempt to breakout out anc continue into 50s. Move to mid 47s area seems most likely, the point at which resistance should be found again. Snaphot below shows hourly chart, giving a glimpse of the breakout. Shows last candle was the breakout, and that it held above the resistance, as if confirming it as a new support. Seems ready to make it's measured move upward.
CSCO Distribution IdeaCSCO looks to be distributing here and we may have already entered the markdown phase. The VPVR indicates some liquidity overhead, so I wouldn't be surprised for another test into that area before more distribution. I'm looking to short at that mid $43 level.
The four hour chart is also in its own micro TR that has yet to show a bias as far as I'm concerned, however, the macro looks bearish so I will go with the trend.
CSCO before earningslooks like CSCO is going to flirt w/ the 46.23 until earnings on 5/16. assuming we have a positive report, CSCO just might gap up into the blue square; if not, we could gap down into the red square... which would make me sad that i closed out the top half of my previous strangle ;)
Cisco Bullish PredictionHi guys ! I ve got a bullish view about CISCO , tomorrow is the earnings post date with EPS 0,65 as a forecast and revenue forecast is at 12,43bln against 11,81 bln at last earnings post at February. As you see in the chart the price is above the EMA (200) , the trend from Heikin Ashi candlesticks is going to change short term. If the inverted head and shoulders diagram breaks above , I have a price target about 47,6 - 48,2
[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 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.
