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14Feb

Cisco Systems Inc., Elliott Wave Technical Analysis 14 February 2023

Alessio Barretta |14 Feb, 2023 | 0 Comments | Return|

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Cisco Systems Inc., Elliott Wave Technical Analysis 14 February 2023

4Hour

Cisco Systems Inc., CSCO: 4-hour Chart, February 14 2023,
Cisco Systems Inc., Elliott Wave Technical Analysis
CSCO Stock Market Analysis: It is clearer on this lower timeframe chart that price has been moving sideways and we could expect further developments before continuation higher.
CSCO Elliott Wave count:  Wave (c) of {b}.
CSCO Technical Indicators: Above all averages.
CSCO Trading Strategy: Looking for further sideways continuation in the triangle to then enter long.


Daily

Cisco Systems Inc., Elliott Wave Technical Analysis
Cisco Systems Inc., (CSCO:NASDAQ): Daily Chart, February 14 2023,
CSCO Stock Market Analysis: At this point we can explore the possibility of a triangle in wave {b} of 2 to then resume higher in wave {c} and complete the three wave move to the upside.
CSCO Elliott Wave Count:  Wave (c) of {b}.
CSCO Technical Indicators: Bouncing around the 200EMA, currently support.  
CSCO Trading Strategy: Looking for further sideways continuation in the triangle to then enter long.

 

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