CSCO- Good Buy Currently
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
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
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