CSCO is on the floor of a bullish TL of 2011, recently tested and first move seems like a bounce.
RSI: BULLSH bouncing on oversold zone
DMI: STRONG Tendence -DI Falling +DI mantaining
DAILY MACD: BUY
I'm going long term:
-1ST OBJ: $48
-2ND OBJ: $58
-3RD OBJ: $73
Will follow and see if global events continue positive to this analysis.
RSI: BULLSH bouncing on oversold zone
DMI: STRONG Tendence -DI Falling +DI mantaining
DAILY MACD: BUY
I'm going long term:
-1ST OBJ: $48
-2ND OBJ: $58
-3RD OBJ: $73
Will follow and see if global events continue positive to this analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.