Cisco Systems, Inc.
تم تحديثه

CSCO eyes on $59.22: Key resistance to Tariff Recovery wave

233
This "internet oldie" usually lags the newcomers.
The key will be to break the Covid fib at $59.22
If we get a dip then look to the sister fib at $57.81

تم فتح الصفقة
Houston: We have IGNITION
لقطة
(yellow shaded area is from posting time)

.

Closer look with notes:
لقطة
Got a PING entry on Covid fib at $59.22
Closed 25% at Golden Covid $63.80 for 7.75% gain.

.

What next?
لقطة
Looking for TP #2 at $68.37 zone for 15% gain.
Stop Loss below our TP1 zone, a MUST Hold.

====================================================

.
أغلقت الصفقة: تم الوصول للهدف
TP #2 hit, per last update above
لقطة
Beautiful continuation and ran "through the finish line"
I closed 1/2 here instead of the usual 1/4 per TP.
Possible end of this particular wave so booking profits.

.

What next?
لقطة
Hoping for final TP at Genesis fib of $72.67
OR hit our SL at $62.47, below the support zone.

.

Consider this Trade Idea closed with a string.
Either a little more or a little less gains to go.
Another PREFECT entry and exits give by the FIBS.

====================================================

.
ملاحظة
TP 3 was hit لقطة (thought I had posted this earlier when it hit)

====================================================

.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.