QuantinvestGER

Cisco Long in a few days

Long
NASDAQ:CSCO   Cisco Systems, Inc.
Hey everyone,

after the destructive earnings the stock is in a current downtrend. I hope it will turn at the 61er retracement. The buy area is placed and a good chance to set a stop buy. The RSI also give a good buy signal. In case the stock doesn't change the direction, you can also hold the position as a dividend position (3,5%).

Stop Buy: 38.75$
( Stop: 38.10$ )
Take Profit: 48$

Much fun with that trade!
Leave a follow please, my goal is 200 :)

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