koryu

Cisco about to enter bull market

Long
koryu Updated   
NASDAQ:CSCO   Cisco Systems, Inc.
Cisco is about to break out a historical price level.

The company is changing from being an outdated dotcom bubble stock to a hot pick in cyber security, a.i., machine learning, big data, internet of things and blockchain.

Adding to my long term position.
Comment:
breakout
Comment:
amazing to see how this boring bluechip will rise like a phoenix and becomes one of the hottest companies around.
Comment:
looks like a ascending triangle to me
Comment:
we have a multimonth bullish penannt forming on the chart, it's refueling to attack the all time high. daytraders will miss the big picture on this stock.
Comment:
The acquisition of Duo Security would be a great move for Cisco.
With a valuation of 2.35b Duo is kinda cheap when compared to TWLO which is currently valued at 6b.

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.