Good Afternoon Fools:
Cisco Systems finish the week in good shape drawing a powerful Morning Star Pattern, that could lead CSCO to gain some lost ground lately, with extreme volatility.
It seems to me that new rebalance of Nasdaq index helped giving Cisco Sytems an improve overweight as Nasdaq´s member. That kind of technical rebalances lead to fund and ETF´s managers that reply in their funds widely watching Nasdaq 100. [more]
Good Afternoon Fools:
As a technical trader I tend to trade with Charts, ´cause in my humble opinion all is inclosed in the charts, even fundamental story is in the charts.
Don´t you think that Csco´s poor perfomance is inclosed yet in the charts?, they look ugly, but my trading premise on Cisco Systems is the same like Intel, weak Us.$ and stronger emerging market´s cocktail will benefit Cisco´s next earnings report, if you translate Forex Cisco´s earnings into Us.$ and add new business grow in emerging markets yor´ll get a nice earnings report to comfort analysts view about Cisco future prespectives.
I like also some competitive advantages like:
Big competitive advantages:
Total comercial margin 40%, low debt and cash rich, net margin 10% and a big free cash flow generator...
Cisco´s plumbing the cloud; that will give some stronger earning reports in the near term future.
It seems to me, due last management action, that they´re working to get the key to start delivering some for shareholders...
Cisco´s shareholder´s value wont last so depressed forever, patience will be the key for suffered long shareholders.
Technically speaking, last Hammer on weekly graphs has a positive confirmation today, breaking Us.$17 resistance, trading over friday´s price. as a trader i´ll set a tight stop loss to protect capital, but i see a nice reward-risk equation right now...
Have a nice day [more]
Good Morning Fools:
Cisco finish the week in an upbeat tone, draining some shorts with a nice Hammer on weekly graphs; it seems to me a nice technical action that could lead Cisco market price value higher.
SKT are crossing in the low band, and we can see some accumulation on daily graphs.
A real bottom??.. i bet for it. we´ll see next week.
Have a nice easter holidays
Love from Spain.
Good evening Fools:
Intel it could be building a nice bottom for going Long in the long term. Today drawn the last candle to form a nice Three white soldiers candle figure, this is a bullish one.
We can see a double bottom on RSI oscillator & Macd, with a nice O.B.Volume in accumulation mode. Technical speaking a good entry point. Reward-risk equation is favorable to Longs this time, dividend Ex-date is near...
and it seems that glut on semis is vanish with last Japan´s Quake, ´cause disruption on silicon wafers in Japan industry, that could lead to high price in processors market. [more]