Cisco's most recent trend suggests a bearish bias. One trading opportunity on Cisco is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 10.38% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cisco is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Cisco is bearish.
The RSI indicator is at 32.81 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
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Wed, 21 Aug 2019 16:41:00 +0000
This year's joint recognition of NTT Ltd. and Cisco highlights the unique impact businesses can have in communities around the world through their partners. As partner-led businesses, NTT Ltd. and Cisco have unique cultures that focus on combining their scale in ways to maximize impact beyond what they could do alone. This is also the second consecutive year that Cisco has been recognized on the Change the World list, highlighting the company's ongoing social impact initiatives – the most significant being the more than $3 billion invested in its Networking Academy program.
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