22-Aug
Forecast Timing Chart of 10 days in the future
www.pretiming.com
1. Recommended Positions
=> Short-Bearish
2. Price target within 10 days in the future
Stock price: 44.32 ~ 45.11
% Change: -8.00% ~ -6.36%
3. Investing section
=> In Falling section of high risk & low profit
4. Supply-Demand(S&D) strength...
CSCO dropped the ball on its latest earnings period ending July 2019 from 0.71 estimates to 0.51 resulted in its share prices depreciating further to 46.00 on 15th August 2019.
CSCO has been consistent with its earnings since April 2018 and the recent drop of its share prices to the current price level could attract long term investors to get in at the current...
CISCO may have quite a burden on its shoulder as the USA/Huawei conflict continues to roll on, POTUS needs American tech companies to catch up with the Chinese tech giant in the battle to become the 5G world superpower. This is a task of immense proportions and can not be won overnight and without huge investment in R&D.
In the shorter term CISCO's chart looks...
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.
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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, Inc., is engaged in designing and selling a range of technologies across networking, security, collaboration, applications and the cloud. It operates through three geographic segments: Americas; Europe, Middle East, and Africa; and Asia Pacific, Japan, and China. Its product and technologies includes infrastructure platforms; applications; security and other products. It also offers technical support services and advanced services. Infrastructure Platforms consists of its core networking technologies of switching, routing, data center products and wireless that are designed to work together to deliver networking capabilities and transport and store data. Application product category consists primarily of software-related offerings that utilize the core networking and data center platforms to provide their functions. Security product category primarily includes Company’s unified threat management products, advanced threat security products, and web security products.
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CSCO
![CSCO: [Neutral to Bearish] CSCO](https://s3.tradingview.com/m/mjJjRoi0_mid.png "[Neutral to Bearish] CSCO")
