CSCO: Double Bottom OR Sideways Trading ???Potential Double Bottom
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CIS trade ideas
Cisco Momentum Trade on volume impetus (Range)Reasons for entering trade:
LOCATION: Double bottom forming off of .618, not yet confirmed.
Price currently between .618 and .786 from fib off of breakout and uptrend from 2017.
MACD: Triple bullish Divergence (Market Structure in MACD)
WILLY: Coming out of oversold (Market Structure in Willy)
VOLUME: Green bar Impetus
Notch in volume profile needs to be filled
Huge gap needs price discovery
At POC for support.
Cons:
No moving average convergence
Would like to see price action form W at a little lower level between most recent .618 and .786
Fundamentally:
Cisco is a leader in video conferencing, strong fundamentally against a backdrop of Covid isolation and quarantine. Unfortunately, lots of other very significant events happening in the US and globally that could disrupt and invalidate any TA.
Trade: R/R 6.4:1 NASDAQ:CSCO
Front run the double bottom formation and enter trade off of .618 @ $38.74. Set stop just below bottom of potential W formation at $37.44. Sell order at $45.79 for the whole position at a fill of the notch, a revisit to the gap, and a touch of volume high on volume profile.
*Not trade advice, for entertainment purposes only. DYOR
CSCO long, Demand ZoneBreakaway Gap,
Trendline Break
Demand Zone
Entry: 39
Stop: 37.5;
Target1: 42.5; reward:risk=2:1
Target2: 47; reward:risk=5:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Option trade:
SelltoOpen Jan P35, limit 1.39;
Stop: 37.5;
daily analysis of CISCO SYSTEMS Hi friends
the daily chart of this market shows with a high probability that it will experience a downtrend in the coming days but also you have to be vigilant of the change from the direction to the opposite
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CSCO- post-covid potential CSCO ($39.80) I believe will greatly benefit after the economy, and small-mid sized business begin to operate at full capacity again because a significant portion Cisco's revenue comes from B2B sales and with many areas of the economy still not fully opened Cisco has become a lagger in the Dow, down approximately 20% for the year, while the Dow is up about 2%. This could leave a lot of room for growth in future quarters for Cisco
CSCO to Long, trendline BreakBreakaway Gap, trendline Break
Entry: 40.5
Stop: 39;
Target: 50; reward:risk=6:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Cisco Long in a few daysHey everyone,
after the destructive earnings the stock is in a current downtrend. I hope it will turn at the 61er retracement. The buy area is placed and a good chance to set a stop buy. The RSI also give a good buy signal. In case the stock doesn't change the direction, you can also hold the position as a dividend position (3,5%).
Stop Buy: 38.75$
( Stop: 38.10$ )
Take Profit: 48$
Much fun with that trade!
Leave a follow please, my goal is 200 :)
Cisco likely to hit 49 by year end (barring any macro economics)Cisco is likely to go back up towards 48-49 levels if the current 40 level is respected. If that gets breached maybe heading down to March/April levels.
$CSCO Decent buy here althoughThis is eagerly similar to a recent run out in last November although it hasnt reached that trendline in some time. IMO this can do the same move as 11/19 or it can dip a bit further into the 38s and get the RSI down under or touching the blue. This may need a couple weeks to recover if it reaches the 38s but this seems like a good buy either way. Also the MACD is raising so its pointing towards a direct buy but still....let me know what you think?
$CSCO - the gambleTook out a call option on this, far in to the future.
There are a few that are being punished and dumping in the short term and trying to pick up a few bucks in case they flip the script.
Very very small investment for this gamble. If we see $47 / share by 10/16 - its a 117% win. I would sell at 50% probably.
CISCO [CSCO] LONG TERM LOW RISK STOCK DEFINITELY A TRICKIER CHART HISTORY TO PATTERN OUT HOWEVER GOOD STOCK TO HOLD LONG TERM.
GOOD ENTRY PRICE AT LOW 40s, WITH A SOON BOUNCE PROBABILITY TO LAST PRE-EARNINGS PRICE POINT.
.
CSCO Printed strong Gap down...Really important to me Please support my work by like or leave a comment
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Signals & Indicators
MACD tilt is declining and negative
RSI too weak (33)
price broken down upward trend line with strong gap (trend movement often will be in gap direction)
"Plan your trade and trade your plan."
GOOD LUCK
NASDAQ:CSCO
Cisco Bearish TargetMoving sideways since 2000. Expecting one leg down to finish the correction. Buy targets on the chart.
*Only an observation which could be 100% incorrect.
Trading Strategy for cisco1. Trend Analysis
Uptrend channel since 2011
2. Entry Analysis
Pitchfork, representing short entries at higher level and Long Entries at lower level
3. Indicator Analysis
Weekly 100SMA have proved to be an health indicator for overall direction (bearish)
MACD (Bearish)
Stoch (Bearish)
4. Candlestick Analysis
Engulfing Bearish candlestick (bearish)
Expecting a three black(red) crows in upcoming weeks
5. Major Support and Resistance
S1: 34.7-34.8
S2:28.8-29.0
S3: 21.85-22
R1: 45
R2 50-50.2
Trading Plan
1. Trade with trend
Look out for reversal candlestick pattern on daily candle @ S1( 34.7-34.8) for entry
SL:Weekly close below 32.8
TP(1): 45
TP(2): 50
Please DYODD, my TA is using pitchfork, Short when it got into the higher bands and long when it got into the lower band. Currently its at the middle range which is not attractive for either side (you could look at the volume to see if i'm right).
Will trade with the flow and long when it got into lower band .
CISCO - buy zone (gray) Hello traders,
Description of the analysis:
CISCO support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
