CSCO, strong company, great fundamentals, earnings coming today. My play was to enter some cheap calls with long expiration to avoid theta, I chose the $42.50 October calls. Thanks!
Picked up some 5/29/2020 50$ calls, basis .14$. Let 'er rip! Lotto risk only!
✨ 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...
4H Chart Explanation: - Price broke the Weekly Ascending Trendline and made a pullback to it. - It is currently on an important Support Zone. - If price has the strength to break it, there is potential to start a huge down move. Weekly Vision: Daily Vision: Updates coming soon!
If price returns to March's high, then I'll be looking to begin purchasing call options as close to 41.50 strike as possible. These calls will have an expiration of June 1.
Weekly Chart Explanation: - Price broke the Ascending Trendline. - Price broke the first Support Zone (Resistance Zone now) and is on a correction (pullback) to it. - Expect price to continue the down move towards the two next Support Zones. Daily Vision: Updates coming soon!
4H Chart Explanation: - Price broke the Ascending Trendline. - Price broke the Support Zone (now Resistance Zone). - Expect price to move down towards the next Support Zone. Weekly Vision: Daily Vision: Updates coming soon!
Correlation trading strategy idea analysis. The market is going between the freshly formed and confirmed support&resistance levels. So there is a very good opportunity for correlation trading. I showed my vision of correlated moves in my previous ideas. Now I am going to introduce another stock for correlation trading. Cisco has big enough weight in the S&P...
Cisco Stock Will Full Down. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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.
Happy New Year to y'all! We expect CSCO's shares to reach the resistance at 50 (Strong area + psychological area) and re test or fall to 45 USD with side movements until uptrend or downtrend momentum. If you buy a price market you need to put a nearby Stop Loss (less than 1USD) 'cuz the target it's about 2 USD per share
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.
4H Chart Explanation: - Price broke the Descending Trendline. - Price is on a correction. - If price starts its up move, potential to go up towards the Resistance Zones. Weekly Vision: Daily Vision: Updates coming soon!
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.
CSCO (3 days ago) broke out of wedge pattern, had bullish EMA cross, and price crossed the 10WeekMA. These are all bullish signs. Trend on Weekly view just turned bullish. In my opinion, this should provide a good short term entry. My play below outlines how I reduce risk and maintain short-term entry in CSCO. My play here 27-Dec Expiry - 45/50 put credit...
Beta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
4H Chart Explanation: - Price bounced on on the Weekly Ascending Trendline. - Price broke the Descending Trendline. - CCI indicates that a correction should come now. - We expect a Bullish Corrective STructure before going up towards the Resistance Zones. Weekly Vision: Daily Vision: Updates coming soon!