BoSukas

CSCO- Good Buy Currently

Long
NASDAQ:CSCO   Cisco Systems, Inc.
FA:

Higher earnings than expected but still a 12% yearly fall.

Service Sector of Business Has grown much larger than the Hardware side

If COVID is to ease in the next 6-9 months, the forecast is positive for CSCO


TA:

Approaching Support Level after strong retracement

Downside is far less than upside if an entry was made in this area.

Fibonacci Retracements follow the S&R Lines.

-Megalodon

Please SHARE/LIKE & Comment and PS:Please follow responsible trade management, this is not financial advice

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.