Cisco Systems Inc.(CSCO:NASDAQ) Elliott Wave Technical Analysis 23 January 23

Cisco Systems Inc., Elliott Wave Technical Analysis

Cisco Systems Inc., (CSCO:NASDAQ): Daily Chart, 23 January 23,

CSCO Stock Market Analysis: Looking for further upside into wave {c} of 2 after a three wave mve in wave {b} as well as a three wave move in wave {a}(flat correction).  

CSCO Elliott Wave Count: Wave {b} of 2.

CSCO Technical Indicators: At the cross of the averages.

CSCO Trading Strategy: Looking for a break of wave (b) of {b} to start looking for longs.

TradingLounge Analyst: Alessio Barretta

Source : Tradinglounge.com get trial here!

Cisco Systems Inc., CSCO: 4-hour Chart, 23 January 23,

Cisco Systems Inc., Elliott Wave Technical Analysis

CSCO Stock Market Analysis: It looks like wave (c) could already be completed as it is finding support on the 200EMA, as well as on the 38.2% of wave {a} and it is very close to equality of (a) vs. (c).  

CSCO Elliott Wave count: Wave (c) of {b}.

CSCO Technical Indicators: 200EMA acting as support.  

CSCO Trading Strategy: Waiting for a break of green line for further confirmation.

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  • frosti
    ·2023-01-23
    TOP
    COSTCO's stock is now only $6-$10 away from filling the most recent gap. Isn't it funny how th$30+/shr.
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  • wigglyz
    ·2023-01-23
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    I think we are going to see an analyst downgrade soon, $300 is a good entry point.
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  • zinglee
    ·2023-01-23
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    Will COST fill tradergirl’s $456-$462 gap this week?
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  • pixiezz
    ·2023-01-23
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    Undervalued! Costco should be near $600/share...
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  • GerryLoh
    ·2023-01-23
    good sharing thanks
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  • PandoraHaggai
    ·2023-01-25
    Hopefully Cisco can break through the pressure level
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  • boonk
    ·2023-01-24
    Was once a fav in 2001 dot Com craze
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  • BellaFaraday
    ·2023-01-25
    Do you think Cisco can go to 60?
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  • MortimerDodd
    ·2023-01-25
    Seriously, maybe it's time to invest in Cisco
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  • EvanHolt
    ·2023-01-25
    I find Cisco's current price very attractive
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  • DonnaMay
    ·2023-01-25
    Cisco is looking to climb out of the bottom
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  • Nomadness
    ·2023-02-03

    And this 2😀

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  • jethro
    ·2023-01-24
    thanks for sharing
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  • FK1234
    ·2023-01-28
    💪
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  • 子偕
    ·2023-01-28
    [微笑]
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  • darrius
    ·2023-01-27
    oooo
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  • 股匯紅不讓
    ·2023-01-27
    👍
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  • 一支升GoGo
    ·2023-01-26
    👍
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  • yiyoyoyi
    ·2023-01-26
    K
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  • Youn7276
    ·2023-01-25
    Ok
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