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not_yoda
May 8, 2018 7:56 PM

CSCO before earnings Long

Cisco Systems, Inc.NASDAQ

Description

looks like CSCO is going to flirt w/ the 46.23 until earnings on 5/16. assuming we have a positive report, CSCO just might gap up into the blue square; if not, we could gap down into the red square... which would make me sad that i closed out the top half of my previous strangle ;)

Comment

ok... down it is :) i'll guess that it trades down to the daily 100 SMA... i'll increase my position there.

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