CSCOD trade ideas
CSCO Continuation of bullish trendCSCO Looking for a continuation of the bullish trend. Broke out of resistance at 34.73. Indication of a bullish trend, above the 13 ema.
CSCO 10 year high - long this goddamn breakoutI have been watching Cisco for a long time,
Not only is it the biggest networking company in the world (or one of them,) but it has somehow managed to underperform the market even whilst cybersecurity and such are becoming such big trends.
There are several reasons, however one of the main ones is the report that came out saying that the growth of earnings may be disappointing due to a shift to software.
However, even though it may be a shock for investors - this actually shows they are actually adapting to change, which is a win in the long run. Last earnings report, they beat the expectations which triggered a bullish breakout and 10 year high. This has the potential to go to at least $80 - and is still a decent dividend & value stock even at this price.
I would start buying now, and possibly if we see the gap being filled lower down.
Looks like Cisco CSCO is following the leader long hereCSCO seems to be following technically the footsteps of INTC and MSFT.
MSFT has run a lot but INTC looks to be on that pathway as well with CSCO just starting. Nice round basing pattern then pop goes the weasel.
I like it long. Especially if it continues like INTC and MSFT has. Feels like the 90's all over again :)
Cisco about to enter bull marketCisco is about to break out a historical price level.
The company is changing from being an outdated dotcom bubble stock to a hot pick in cyber security, a.i., machine learning, big data, internet of things and blockchain.
Adding to my long term position.
CISCO systems: Target 80 USD, net gain 56 USD or 165%Cisco is the largest networking company in the world. The stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ-100 Index and the Russell 1000 Growth Stock Index.
2017 Revenues: 49,2 bn USD
2017 Net income: 9,06 bn USD
2017 Total assets: 130 bn USD
11/2017 Market cap: 170 bn USD
Number of employees: 73.000
On October 25th Google and Cisco announced hybrid cloud partnership. "Unsurprisingly, given Google’s recent focus, this partnership centers around the Google-incubated Kubernetes container orchestration tool, as well as the Istio service mesh for connecting and securing microservices across clouds."
"For Google it's another partnership with a powerful enterprise vendor; for Cisco, it marks an evolution of the company's cloud strategy"
Price target for CSCo: 80 USD until 2020. Net gain of 165%. CSCO will add approximately 400 points to the DJIA in this period of time.
en.wikipedia.org
techcrunch.com
www.networkworld.com
CISCO Possible bearish trade, Break Out volatilityThe title has reached the 2007's top, and it has tested it three times.
Volumes are in downtrend.
Monthly Chart:
Weekly Chart:
Daily Chart:
We can wait the break out of the congestion for open a short position. Stop Loss above the resistance, take profit like in the image.
Of course, if the price overtakes the resistance's line we can open a long position and follow the trend.
Cisco on the way up?Looks like the stock has broken the resistance @ 30$ and now heading toward 33.50$, only a close below 30$ will invalidate the scenario.
CISCO - Looking For A RetracementHello Traders,
I am new here and this is my first post. I am a simple trader that looks for the repetitive nature of the market.
There is Bearish MACD Divergence on both the 4 Hour and Daily charts for Cisco.
This could be a nice setup for year end profit taking with the DOW having had such a huge run up over the last 11 months.
All the best!
Cisco System in ConsolidationEver since Cisco Systems hit all time high of 73 dollar, it never recover at all.
From 2003 onwards, it has been trapped in the triangle consolidation mode.
Time to replace CSCO from DOW component as well.
CSCO share price rises...CSCO share price rises. The current rise is the second part of a dual wave movement. The increase can last up to 39.80 usd, and then I expect a half-wave correction to the level of the correction axis. As the correction axis rises, the third wave may result in a 45.38 usd. In this range, the ATR axis is steeper, and we can expect a faster increase.
CSCO appears to be breaking out of an ascending triangle baseCSCO shares fell off a cliff back in May but after an initial decline, the shares spend the summer base building. Last month, the shares successfully retested support near $30.50, completing a double bottom. Since then they have been under renewed accumulation, as shown by the trend of higher lows and formation of an ascending triangle below $32.00. The shares have now broken out of this base and have retested the breakout point as new support. Next potential resistance appears near $33.10 a previous low then $33.80 the top of a former gap.
Bought 400 CSCO at 32.18CSCO may have 1 day reversal; shoulld wait until tomorrow. Keep a leash on it.
