CSCO TIME... to Cash OUT!!!First off, CSCO has had a great run rising over 35% since February! Its long-term trend up is still intact, but it has been showing signs of weakness near the 31.15 level. CSCO has been testing 31.15 for nearly a month and just can't stay over it. Super short-term support is at 30.74 and it has been breached today and most likely will close below this support.
It is time to protect your profits considering the gains CSCO already made. Cash out before the close and if earnings are well received get back in tomorrow or next week. If the earnings are not well received, well lets just say 6 months of profit may go down the drain.
Let me know what you think. 8/17 B4 close
CSCO trade ideas
CSCO ASCENDING TRIANGLE PATTERNLas tendencias que se muestran se ven con bandas de Bollinger, donde se puede notar en las bandas mas angostas se notan fuertes tendencias y los promedios moviles de 9 y 20 dias, se puede ver en los cruces de estas líneas que van hacia arriva los precios suben y puede ir a un largo (compra del activo) y a la inversa, cuando las lineas promedio moviles que se cruzan van hacia abajo los precios bajan y se puede ir a un corto (venta del activo).
El patron que se muestra es un triangulo ascendente, es decir que va hacia el alza, ya que el precio reboto en uno de los vertices.
CISCO - weekly chart shows renewed strength.Here is one of the surviving dinosaurs of the DotCom era, actually with good fundamental data. Cisco is a core holding of many value funds, even if they do not focus much on tech names. I see further potential this year - plus you don`t see extreme greed topping patterns here ( as in Facebook or Amazon ).
CSCO-160412-STO/DMK-G1D-SHORTSome days ago i see NASDAQ:CSCO walking with dante, but if we put attention the price is rejected by the 22.75 zone one and other time and is describing a big flat bottom triangle pattern, and very nice to navigate inside of this.
The volume is reacting now and indicate the same risk than the Stochastic - and the price - in this days can re-test the 28.5/29 zone (or not), but if the triangle is right then go to 22.5/24 zone, and then evaluate if broke the triangle down or go up to the 27 zone.
Simple Trading Techniques – Pullback Candlestick Strategy
Go long the CSCO if it trades at 28.09 or higher. If triggered, place your stop at 27.45 and exit the position for a profit at 28.46 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
CSCO walking with DanteWe can see how the CSCO was fill the megaphone, now is show an inverted hammer.
I observe two posibles scenes:
Don't cross the diagonal support at 24.06 and continue the journey to the sky
Yes... cross the line and fall to the hell to 18.06 and maybe more
I prefer think in the first scene, short only to 08/16. But only time will tell.
CSCO: Ruled by doubt and some weaknessThis formation occurring at the top signals weakness. The broadening top failed, and a descending triangle-like formation seems to be in the making. Despite the apparent weakness of the stock, the weekly support (green dashed line) has proven to be still in effect. No definitive signal is in play at the moment.
Dogs of the DOW - One Year Entrance - CSCOThe current Dogs are: CVX, CAT, VZ, PFE, CSCO, IBM, BA, MRK, INTC, XOM. CVX is waiting. CAT IS A BUY. VZ is a buy. PFE is one to wait for. CSCO, you buy. Take a look at each one of those names on a DAILY CHART. Set only ONE Exponential moving average on the chart. Just one. Nothing else. A 33 Exponential Moving Average, offset by 3. As soon as you get a Daily Close of any of those stocks, above that 33 Exponential moving average, buy the stock, and hold it for the year, up to February 24th, 2017. That's it, that's the entire strategy