andrew.berg
Long

CSCO easy long trade with trend, REVIEW

NASDAQ:CSCO   CISCO SYS INC
71 0 2
Cisco acts good after it built nice H&S pattern with series of higher lows and upper level consolidation which was broken on earnings with powerful gap up. then it took couple of days to absorb this big move, held and continued higher. Well-defined support at $24.40 and break up of triangle gave us another nice and calm trade as 8 EMA controlled and followed price nicely. Yesterday, it accelerated as we had good reports from Intel             . Some kind of pullback and digestion makes sence. Other major cap tech companies also feels strong, $MSFT broke its consolidation with powerful, ignited, bull candle.

-------------------------------------------------------------------------------------------------------------------------------------------------------------
Check my thoughts about CSCO             and other ideas in major cap tech stocks in the links below.
-------------------------------------------------------------------------------------------------------------------------------------------------------------
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out