CSCO trade ideas
CISCO (CSCO) breaks strong resistance at 39.62Share prices manage to break above stiff resistance at 39.62 but face another hurdle at the top of the price channel in the 30 minutes price chart around 40.77.
The current critical support and resistance estimates on the price chart are based on my indicator which predicts future price movements based on price action.
Support - 40.05, 39.62, 38.91, 38.48, and 37.76
Resistance - 40.77, 41.48, 42.19, and 42.90
ABC BullishGap over price/R may reside there at both the bottom and the top of gap down.
Possible targets 2 58 to 63.5
Possible stop below 37.5
Huge company/over 168 billion market cap Decent dividend yieilding 3.61%
This was has a tough time I think due to the growth factor
Value is there and they are profitable
Burned each quarter it seems at earnings time
NV is very high
Short interest is very low
Maybe she is as low as she is goona go? (o:
Go with your gut and trade safely. Persistence and determination will get you there
Not a recommendation
CSCO Double Bottom Adam and AdamTarget at 41.23 expected in 16 days. Stop loss a few pennies below 37.6.
CSCO Channel FloorCSCO is on the floor of a bullish TL of 2011, recently tested and first move seems like a bounce.
RSI: BULLSH bouncing on oversold zone
DMI: STRONG Tendence -DI Falling +DI mantaining
DAILY MACD: BUY
I'm going long term:
-1ST OBJ: $48
-2ND OBJ: $58
-3RD OBJ: $73
Will follow and see if global events continue positive to this analysis.
CISCO SYSTEMS INC. LONG📈 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%)
CSCO: Double Bottom OR Sideways Trading ???Potential Double Bottom
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Cisco Momentum Trade on volume impetus (Range)Reasons for entering trade:
LOCATION: Double bottom forming off of .618, not yet confirmed.
Price currently between .618 and .786 from fib off of breakout and uptrend from 2017.
MACD: Triple bullish Divergence (Market Structure in MACD)
WILLY: Coming out of oversold (Market Structure in Willy)
VOLUME: Green bar Impetus
Notch in volume profile needs to be filled
Huge gap needs price discovery
At POC for support.
Cons:
No moving average convergence
Would like to see price action form W at a little lower level between most recent .618 and .786
Fundamentally:
Cisco is a leader in video conferencing, strong fundamentally against a backdrop of Covid isolation and quarantine. Unfortunately, lots of other very significant events happening in the US and globally that could disrupt and invalidate any TA.
Trade: R/R 6.4:1 NASDAQ:CSCO
Front run the double bottom formation and enter trade off of .618 @ $38.74. Set stop just below bottom of potential W formation at $37.44. Sell order at $45.79 for the whole position at a fill of the notch, a revisit to the gap, and a touch of volume high on volume profile.
*Not trade advice, for entertainment purposes only. DYOR
CSCO long, Demand ZoneBreakaway Gap,
Trendline Break
Demand Zone
Entry: 39
Stop: 37.5;
Target1: 42.5; reward:risk=2:1
Target2: 47; reward:risk=5:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Option trade:
SelltoOpen Jan P35, limit 1.39;
Stop: 37.5;
daily analysis of CISCO SYSTEMS Hi friends
the daily chart of this market shows with a high probability that it will experience a downtrend in the coming days but also you have to be vigilant of the change from the direction to the opposite
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CSCO- post-covid potential CSCO ($39.80) I believe will greatly benefit after the economy, and small-mid sized business begin to operate at full capacity again because a significant portion Cisco's revenue comes from B2B sales and with many areas of the economy still not fully opened Cisco has become a lagger in the Dow, down approximately 20% for the year, while the Dow is up about 2%. This could leave a lot of room for growth in future quarters for Cisco
CSCO to Long, trendline BreakBreakaway Gap, trendline Break
Entry: 40.5
Stop: 39;
Target: 50; reward:risk=6:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Cisco Long in a few daysHey everyone,
after the destructive earnings the stock is in a current downtrend. I hope it will turn at the 61er retracement. The buy area is placed and a good chance to set a stop buy. The RSI also give a good buy signal. In case the stock doesn't change the direction, you can also hold the position as a dividend position (3,5%).
Stop Buy: 38.75$
( Stop: 38.10$ )
Take Profit: 48$
Much fun with that trade!
Leave a follow please, my goal is 200 :)
Cisco likely to hit 49 by year end (barring any macro economics)Cisco is likely to go back up towards 48-49 levels if the current 40 level is respected. If that gets breached maybe heading down to March/April levels.
$CSCO Decent buy here althoughThis is eagerly similar to a recent run out in last November although it hasnt reached that trendline in some time. IMO this can do the same move as 11/19 or it can dip a bit further into the 38s and get the RSI down under or touching the blue. This may need a couple weeks to recover if it reaches the 38s but this seems like a good buy either way. Also the MACD is raising so its pointing towards a direct buy but still....let me know what you think?
$CSCO - the gambleTook out a call option on this, far in to the future.
There are a few that are being punished and dumping in the short term and trying to pick up a few bucks in case they flip the script.
Very very small investment for this gamble. If we see $47 / share by 10/16 - its a 117% win. I would sell at 50% probably.
CISCO [CSCO] LONG TERM LOW RISK STOCK DEFINITELY A TRICKIER CHART HISTORY TO PATTERN OUT HOWEVER GOOD STOCK TO HOLD LONG TERM.
GOOD ENTRY PRICE AT LOW 40s, WITH A SOON BOUNCE PROBABILITY TO LAST PRE-EARNINGS PRICE POINT.
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