Cisco's most recent trend suggests a bearish bias. One trading opportunity on Cisco is a Bear Call Spread using a strike $52.00 short call and a strike $57.00 long call offers a potential 21.95% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $57.00 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 44.34 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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Thu, 29 Apr 2021 12:53:40 +0000
The global chip shortage spans across the globe and has put pressure on a number of carmakers who are competing directly with tech companies and the consumer electronics sector for supply.
Cisco Announces May 2021 Event with the Financial Community
Thu, 29 Apr 2021 12:00:00 +0000
Cisco today announced that it will participate in the following conference with the financial community during the month of May. The session will be webcast. Interested parties can view the event on Cisco's Investor Relations website at investor.cisco.com.
5 Stocks to Make the Most of the Cloud Infrastructure Boom
Wed, 28 Apr 2021 12:27:12 +0000
Demand for cloud infrastructure and services continues to surge, putting the focus on Microsoft (MSFT), Hewlett Packard (HPE), Cisco Systems (CSCO), Adobe (ADBE) and Dell (DELL)
Randstad US's TRANSCEND Program Announces First National Private-Nonprofit Partnership Focused on Skilling with Cisco, TechBridge and Urban Strategies
Tue, 27 Apr 2021 13:00:00 +0000
Randstad US today announced it has signed three new partnerships through its TRANSCEND program with Cisco, TechBridge and Urban Strategies, Inc., to provide skilling and job opportunities to disadvantaged communities and Americans looking to pursue careers in account management, financial services, non-clinical healthcare and technology. The announcement comes as the American economy deals with a skills gap that could cost the nation $1.2 trillion in economic output over the next decade if employers do not take significant action.
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