Cisco Showing StrengthAs per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov-
CSCO trade ideas
CSCO - DAY TRADEHi, today we are going to talk about CSCO and in a Day Trade opportunity.
We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above.
Thank you for reading and leave your comments if you like.
Join the Traders Heaven today, for more exclusive contents!
Link bellow!
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
$CSCO Cisco has hit major support, Reversal trade.Entry level $47 = Price Target $57 = Stop loss $45.
P/E 18
Yield 2.98%
Average analysts price target $55.57 | Overweight.
Cisco is exposed to security and the roll out of 5G, the 2 hottest sectors, which should drive growth in this old tech stalwart for the next decade.
Its well valued and Safe.
Company profile
Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol based networking products and services related to the communications and information technology industry. The firm operates through the following geographical segments: the Americas, EMEA, and APJC. Its product comprises of the following categories: Switches, Routers, Wireless, Network Management Interfaces and Modules, Optical Networking, Access Points, Outdoor and Industrial Access Points, Next-Generation Firewalls, Advanced Malware Protection, VPN Security Clients, Email, and Web Security. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA.
CSCO Not an opportunity We can see a rejection at 200-day MA (yellow line) but there's a clear direction for Cisco. $47.89 could be a nice target. However, this is not a call.
Learn how to beat the market as Professional Trader with a Prop Trader!
Be part of an Elite Trading Group.
Have a Nice Trading Week!
Cream Live Trading, Best Regards!