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CSCO

Cisco ($CSCO): Earnings Expectations Low, Which Way Does it Go?✨ 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 said, the overall trend is down, so from a TA perspective on a longer timeframe expectations are low. The question here is, "can earnings help keep CSCO afloat, or is it back down along the trend this behemoth?" Let's do an analysis. Resource: www.earningswhispers.com --- 1. Fractal Trend is signaling a downtrend (Maroon bar color) on higher time frames. Sure, CSCO has had a solid recovery from the bottom, and earnings could send this higher and have us eying longs, but the overall trend is still bearish so we are looking for a short. 2. With the strategy, we allow short setups in a downtrend with our entry being the retest of a previous S/R that has flipped and been validated by Directional Bias OR an orderblock plotted by Orderblock Mapping. 3. If we move to the upside, we will be looking for a retest of R1 and a pullback to open a short position with targets of S1 and S2. 4. To the downside we will be looking at the S1 & S2 orderblocks for reactions. 5. The general hope here is to see momentum from earnings set us up for a great short entry at the R1 S/R flip.
NASDAQ:CSCO
by AlphaBotSystem
$CSCO is good for correlation trading nowCorrelation 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 500, so correlation predetermined to be good. Look on the $SPY and $CSCO charts. Actual corresponding support&resistance levels look so much alike. Correlation is good enough to expect future similar moves. Following the correlation trading strategy, it is reasonable to wait for correlated level breaking. When $SPY and $CSCO simultaneously break their resistance levels, it will be possible to buy $CSCO. When $SPY and $CSCO simultaneously break their support levels, it will be possible to short $CSCO. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:CSCO
by KozakHlib
CSCO - Turned Bullish - Short Term EntryCSCO (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 spread. $2.10 or more credit. Close in 1-2 days at $1.36 debit or less preferably. In this example, we are selling puts below current price which we expect to expire worthless. Since we sell them, we want them to expire worthless so we keep the credit. You choose to hold to expiration to keep max $210 credit, or close around 50% profit in day or two. We can repeat this as long as trend continues, using options about 14 days out selling them and getting out in 2 days. Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long BTCUSD, GBTC
NASDAQ:CSCOLong
by MoneyPatterns
2
Cisco: Buy opportunity for 54.00.Cisco nose dived on last week's closing sessions with 1D turning aggressively bearish (RSI = 34.865, MACD = -0.320, Highs/Lows = -2.0286). The stock may be well below its July's High but there is a technical pattern that presents the current 45.00 level as an optimal medium term buy opportunity. In 2012 we had a similar price action, which following a Death Cross on 1D, made a bottom on a symmetrical Higher Low Support and initiated the new multi-month buy sequence. We are on an identical price action at the moment and with the RSI hitting the same bounce level we believe Cisco is near a bottom (even symmetrical as seen on the chart). 54.00 appears to be a reasonable long target for the first months of 2020. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:CSCOLong
by InvestingScope