Cisco, MN: Support line + Mirror level + Side of Bollinger bands + Nice discount
📈 NASDAQ:CSCO LONG H4 🛒BUY above = 39.75 🎯Target1 = 41.10 🎯Target2 = 42.00 🎯Target3 = 43.35 🛑Stop loss or cancel trade = 37.55 🙈Recommended risk = (2%-3%)
Hey everyone, after the destructive earnings the stock is in a current downtrend. I hope it will turn at the 61er retracement. The buy area is placed and a good chance to set a stop buy. The RSI also give a good buy signal. In case the stock doesn't change the direction, you can also hold the position as a dividend position (3,5%). Stop Buy: 38.75$ ( Stop:...
Force index indicates that the last couple 1 hours sessions do not have a strong volume support behind. Approaching the the pricing where there is even lower volume, the stock is bound to fall through until it hits the first support . RSI indicates that is oversold , nevertheless, there is no evident sign that the indicator will be bouncing back out of that...
Hello every one Cisco stock is moving in a short-term sideway direction. With low volumes. Between 48.5 and 44 levels. Therefore it is possible to trade between the two levels. Good luck .
✨ We provide charts every day ✨ Drop a requested Ticker in the comments and we will be sure to take a look ✔️ Like & Follow to help the community grow! 🎉🎉 --- Cisco systems has earnings coming up. Analysts expectations are low, and the last earnings report right before the COVID dump was bullish, so perhaps a beat here could give us a push to the upside. That...
Cup and handle formation Buy zone listed at support area for the cup
The CSCO earnings report did not improve the stock price. The stock is still working on what is now an intermediate-term bottom. Volume is average.
CSCO has been struggling with a weaker short-term bottom formation that has gapped several times to form Island Gaps. CSCO recently failed to break to the upside against weak to moderate resistance above the current price. The reason is that the giant Buy Side Institutions are not quietly accumulating CSCO at this time.
Fresh demand at 47.5 still holding, flaggy on the hourly. Look for calls as long 47.5 level holds. We might visit 49 soon. Bearish case would be a close below 47.5 demand.
Cisco nose dived on last week's closing sessions with 1D turning aggressively bearish (RSI = 34.865, MACD = -0.320, Highs/Lows = -2.0286). The stock may be well below its July's High but there is a technical pattern that presents the current 45.00 level as an optimal medium term buy opportunity. In 2012 we had a similar price action, which following a Death Cross...
The increase in Dark Pool Quiet Rotation™ as Buy Side Institutions lower inventories of CSCO shares has weighed heavily on the stock price in the past few weeks. This does not bode well for the CSCO earnings report.
CSCO had heavier Dark Pool Quiet Rotation™ in recent weeks. A High Frequency Traders Gap Down on Spiking Volume occurred earlier. The stock is holding near the gap down area.
We can see a rejection at 200-day MA (yellow line) but there's a clear direction for Cisco. $47.89 could be a nice target. However, this is not a call. Learn how to beat the market as Professional Trader with a Prop Trader! Be part of an Elite Trading Group. Have a Nice Trading Week! Cream Live Trading, Best Regards!
CSCO has plenty of Buyback activity; however, it has remained stuck in a trading range pattern since last May. CSCO has Dark Pool Quiet Rotation™ Candlestick Patterns occurring within this trading range.
Cisco Systems (CSCO), D1: Resistance zone + Pin bar + Side of Bollinger bands (20,2)