CSCO - Might decide to challenge recent highs Long

Cisco Systems, Inc.NASDAQ

Description

⋅ Oct 21, 2021 1:28 PM

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

⋅ Oct 22, 2021 5:49 PM

I added a little more at 55.19 as it's near the fib-line support... Hopefully it holds!

Comment

⋅ Oct 25, 2021 1:21 PM

I like the look of this much less now. I will exit if the stock falls below 54.90.

Comment

⋅ Oct 25, 2021 3:08 PM

can't make up my mind on this. i sold the stock and instead bought the Jan21 $60 call for .62

Comment

⋅ Nov 1, 2021 8:31 PM

omg, this is painful. I feel like any day it could be up 4-5% though. We'll see.

Trade closed manually

⋅ Nov 4, 2021 2:06 PM

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

Trend Analysis

Comments

DontSlamTheDoor

⋅ Nov 1, 2021 12:29 AM

You should be making out well in the Jan 60c I hope. I'm the in the 50c for same exp but I might be too late to get into the 60c right now. I really like CSCO as a long term hold right now. I'll add if I see more buying with volume under $54.