Hello Traders, I am new here and this is my first post. I am a simple trader that looks for the repetitive nature of the market. There is Bearish MACD Divergence on both the 4 Hour and Daily charts for Cisco. This could be a nice setup for year end profit taking with the DOW having had such a huge run up over the last 11 months. All the best!
GREEN: TRIGGER YELLOW: TARGET 1 RED: TARGET 2
Pricetarget - as high as expected [: NASDAQ:CSCO
On April 5, 2017, CISCO Systems Inc. ( NASDAQ:CSCO ) crossed below its 50 day moving average (MA). Historically this has occurred 236 times and the stock does not always drop. The stock has a median loss of 2.851% and a maximum loss of 30.080% over the next 5 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
Since its recent high, Cisco has been moving sideways in a choppy manner suggesting there's still some upside potential left but as shown on this chart using the Wave Principle, we are ending something. I just don't know what and even less how for down we might go once Cisco rolls over. So short term we might keep going sideways but we should move upwards pretty...
NASDAQ:CSCO Safe Trades; open.spotify.com
Signals: flag false breakout Buy 31.30-31.40 (flag breakout) Stop 30.05 (-1 tic under false breakout's low) Target 34.00 (sizing) R\R ratio 1:2
Hi there. Cisco on the daily is way up above all EMA lines. Zooming in on the 1H we can see a div. So i might go ahead and short when the market opens. Have a nice day.
Cisco Systems trades in macro range - on 5 and 10 year basis. Price is now currently trading between 2 key levels. The lower level is combined from 5-year (260 weeks) and 10-year (520 weeks) means and is at about 22. The higher level is combined from upper 1st standard deviations from the same means and is at 27. Price trading within 1 standard deviation is not...
Cisco is forming bearish reversal pattern with potential Right shoulder near $25.20. Previously, I was bullish on this stock (check my ideas in the links below) but sentiment is constantly changing and point to reduce risk was at $25.60 on 31 of July when upper-level base was broken. Now, price broke down trend up and trading on its 100 EMA that acted like...