Nice
Cisco Systems Inc.(CSCO:NASDAQ) Elliott Wave Technical Analysis September 30 2022
@TradingLounge:Cisco SystemsInc., Elliott Wave Technical Analysis Cisco Systems Inc.,(CSCO:NASDAQ): Daily Chart, September 30 2022, CSCOStock Market Analysis:We could be forming wave (iv) and I would expect it to be sideways as wave (ii) was a sharp correction. CSCO Elliott Wave count: (iv) of {v}. CSCOTrading Strategy:Looking for short off wave (iv) once we get confirmation. CSCOTechnical Indicators:Eventually the 20EMA(red line) 9could act as resistance. TradingLounge Analyst: Alessio Barretta Source: tradinglounge.com Get Trial Here! Cisco Systems Inc.,CSCO: 4-hour Chart, September 30 2022 Cisco Systems Inc.,Elliott Wave Technical AnalysisCSCO Stock Market Analysis: We can see we past equality of (i) vs(iii) and now we are facing resistance at the same level. CSCOElliott Wave count: (iv) of {v}. CSCO Technical Indicators:We are starting to form RSI divergence. CSCOTrading Strategy: Looking for shorts once we have confirmation wave (iv) is completed.
Cisco Systems Inc.(CSCO:NASDAQ) Elliott Wave Technical Analysis September 30 2022Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.