Weekly chart bearish macd and stoch are oversold Use caution it could come back down to the 80-85 range per Fibonacci
Cisco has consistently beaten estimates for the past few Quarters and I expect the upcoming one to be no different. This alone should be enough to bump it up to a target of 50$. All technical indicators also support this price target.
1.10 was a major resistance, it has broken through and retested Stochastic overbought Bear spinning top
Looks to be heading for the next major support of 1.23
I am long EJ, Sto and MACD trending up. EJ has also hit a key Support, I expect a rally up to 119.50
Long UJ, depending on the market open 2 buy options. Buy option 1 goal of 110 Buy option 2 goal of 108.50. Advice/recommendations?
So this is mid down trend, where should I look to enter, and what is the bottom?
So I am currently shorting the position, per Fib retrace I should exit now but I feel confident about the target buy zone. Advice/recommendations? What are you doing?