Julius2014
Short

CSCO – time for short positions?

NASDAQ:CSCO   CISCO SYS INC
22 0 0
In November-December last year, I introduced an entire set of reviews on securities, regarding which a well-known head-and-shoulders pattern may look different from a classic one. It is time we look at the points where the patterns reversed trends and the points where they are reflected impacted by the Hound of the Baskervilles effect.
Notably, among those securities were CSCO             shares. After breaking out of the head’s peak, the gauge is moving under the influence of the Hound of the Baskervilles effect and is approaching USD 33.55, its full implementation point. Here securities may reach a 2007 high, the highest point since 2000. So investors could be advised, if not to open short positions near USD 33.55, then to seriously consider profit taking.
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