If you haven`t bought the dip on CSCO:
Then analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $1.52.
If these options prove to be profitable prior to the earnings release, I...
Cisco Systems ( NASDAQ:CSCO ) reported better-than-expected revenue in its third-quarter earnings announcement and raised its full-year revenue guidance. The company's revenue for the fourth quarter of fiscal 2024 was $12.7 billion, a 13% year-over-year decline but higher than analysts anticipated. Net income came in at $1.88 billion or 46 cents per share, down...
Cisco Systems' recent fiscal third-quarter earnings report exceeded expectations despite a year-over-year revenue decline, highlighting ongoing challenges in the market. The company is addressing inventory normalization, aiming for completion by July 2024, which should stabilize revenue streams. Cisco's core networking business remains strong, augmented by...
Cisco is a tech company trading on the NASDAQ
it is involved in the bear market that we are currently in right now
This is because if you look at the price of Bitcoin which follows
the NASDAQ this price is very much down at the surpport level
Now using the parabolic SAR you can tell that a shift in the market has just
happend when the Parabolic SAR is above the...
In 1901, Wilma Soss made headlines as one of the first female clerks to work on the floor of the New York Stock Exchange. At a time when Wall Street was completely dominated by men, the 23-year-old Soss defied conventions by taking a job running orders between the exchange floor and the offices of E.A. Pierce & Co.
Soss had to brave jeers, wisecracks and...
Earning 11/15/2023 GAP Down,
12/11 Gap up above consolidation,
Long 49.3
Stop 45
Target 58
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
BuyToOpen 2024 Jun Call spread C52.5/60
Limit 1.54
SellToOpen 2024...
Right now with this AI boom going on tech companies are struggling to
keep up with Nvidia.
But the truth is Cisco is on its way.
--
Watch Nvidia
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Cisco NASDAQ:CSCO is the underdog in this race and personally, i love underdogs because no one expects the underdog to win.
--
Cisco may not necessarily win this race but it will come out alive and well and this...
Cisco Systems Inc. (NASDAQ: CSCO) is a global technology leader that designs, manufactures, and sells networking equipment, software, and services. The company operates in four primary segments: Infrastructure Platforms, Applications, Security, and Other.
Price Analysis
Based on a 5.5% discount rate and a 10-year average growth rate of 3.83%, our DCF model...
Last week in one of those rare moments I attempt to meditate, I was doing my little mental countdown and was totally interrupted in my head by: "CSCO, CSCO, CSCO"
I figured it was for earnings, which are tonight. I did a dowsing reading on it and it was really bullish.
I get a move of 20% ($60.21) from current price $50.18, but this morning the price target was...
Cisco is having trouble getting past the high from the tech bubble at the turn of the century. Keeping an eye on this chart pattern that has formed as it consolidates (may take several more years to play out). I won't short if it breaks down, but I'm watching for a potential upward breakout to trade on (looking for a decisive monthly close above the green tend...
Cisco Systems ( NASDAQ:CSCO ), a stalwart in the networking equipment industry, has announced significant job cuts and a revised downward revenue forecast. The decision, unveiled in the wake of a tough economy that has seen a slew of layoffs within the tech sector, underscores the company's proactive stance in adapting to market realities.
The Silicon Valley...
If you haven`t bought the dip on CSCO:
Then analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 52.50usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $1.86.
If these options prove to be profitable prior to the earnings release,...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 51/61.80%
Chart time frame : D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our...
The trend is upward since November and has been corrected in January already. After the little attempt yesterday and the renewed rise today I assume that we can continue to rise.
We are still within a Fibonacci based support/resistance zone. Its bottom is the October low and the top the present January high. May be it will take some time to get decisively above...
Cisco Systems (CSCO) is sustainably breaking above the Lower Highs trend-line that started on the September 01 2023 High, which was a Higher High on the 1.5 year Channel Up pattern. This break-out has turned the 1D MA50 (blue trend-line) into a Support and the only barrier that remains before a new bullish wave is the 1D MA200 (orange trend-line).
If broken (1D...
