motleifaul
Long

The new high...

BATS:CSCO   CISCO SYS INC
27 6 0
earlier today makes appetite for a breakthrough to higher targets.
I am closing the position now and take the remaining profit. After the impressive rise yesterday it looks like if the rise may pause now.
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I am taking some of the profit as we are moving along the upper band line for a while already which increases the danger of a retracement in my opinion. So better to habe some cash in the Tasche.
+1 Reply
jangseohee motleifaul
Yes, thats the strategy :-)
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it is really difficult to find a channel that describes CSCO
this is the best i can find so far, more data point needed
snapshot
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motleifaul jangseohee
Thank you for your comment. It is highly appreciated.
But what do you think about this one:
snapshot
+1 Reply
jangseohee motleifaul
pretty similar
i would make an attempt to get as many touches as possible in an overall channel
snapshot
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