simplenothing

CSCO - Might decide to challenge recent highs

Long
NASDAQ:CSCO   Cisco Systems, Inc.
CSCO is building some bullish momentum off recent support levels. I would expect it to continue higher gradually over the next 2 weeks or more.
Comment:
I added a little more at 55.19 as it's near the fib-line support... Hopefully it holds!
Comment:
I like the look of this much less now. I will exit if the stock falls below 54.90.
Comment:
can't make up my mind on this. i sold the stock and instead bought the Jan21 $60 call for .62
Comment:
omg, this is painful. I feel like any day it could be up 4-5% though. We'll see.
Trade closed manually:
Chart still seems moderately bullish, but this has worn me out. Good percentage gain, so I'll take it. Sold the $60c at $1.17

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.