Down to Fibo 53 and bounce back to Fibo 57. 65% probability.
NASDAQ:CSCO Cisco Systems, Inc. Information: We go up the channel for too long. Now there will be a breakdown and a reversal of share price. About stop loss: Stop loss is placed just above the weekly candle in case of a false touch. Weekly chart: Daily Chart: H4 Chart: ------ Sell = $56.33 Take Profit = $48.63 Stop Loss =...
$CSCO Approaching major trendline resistance. A great short setup at $53 with a profit target of $48.31, which meets long term support and is a partial gap fill. Usually with gaps, there will be a partial (mid-way) gap fill on the first attempt, then a snap back rally, consolidation and at some later point a complete gap fill. This $CSCO opportunity is a great...
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Previous analysis i showed a bear flag that worked out quite nicely, but it did not reach it's target though. At the moment it looks like a wedge in the making now. However, i do not really like the shape of it, but because it is at that red resistance zone, i am taking a shot at it. The RR is amazing on this one and on top of that, i will start out with a 50% pos...
Looks like a solid bear flag from which we will probably see a breakout this week. If the 45ish breaks (green support zone) the chances become much bigger that the target around 42 gets reached. Price needs to stay below the red zone for the bear flag to remain valid.
I think every IT company uses Cisco software or hardware, so it's no surprise that the stock price grows every month. The uptrend on the CISCO stock is because the management doing their job right. The stock, trading under $50 with a relatively low market cap near $225 billion, may be a value pick for some investors, as well as we can see a two scenario in the...
For CISCO SYSTEMS a bearish signal. It could be done a pullback on the blue trendline, but for cancel the signal, the price has to get back above it. If the price will fall, the first target is in the area $ 41.10/41.55.