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The company is changing from being an outdated dotcom bubble stock to a hot pick in cyber security, a.i., machine learning, big data, internet of things and blockchain.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.
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breakout
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amazing to see how this boring bluechip will rise like a phoenix and becomes one of the hottest companies around.
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looks like a ascending triangle to me
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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.
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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.