Cisco's most recent trend suggests a bullish bias. One trading opportunity on Cisco is a Bull Put Spread using a strike $39.50 short put and a strike $34.00 long put offers a potential 36.14% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.50 by expiration. The full premium credit of $1.46 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cisco is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Cisco is bullish.
The RSI indicator is at 31.7 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
LATEST NEWS for Cisco
Is Broadcom's Growth Sustainable?
Tue, 10 Mar 2020 15:12:30 +0000
Financially synergistic deals have helped Broadcom create shareholder value in the past, but the lack of attractive acquisitions makes it impossible to continue that momentum Continue reading…
Cybersecurity Stocks To Watch Amid Shift To Cloud Computing, Zero Trust
Tue, 10 Mar 2020 15:00:43 +0000
The best cybersecurity stocks are well-positioned in cloud-delivered services and Zero Trust protection. Amid expected shifts in corporate spending, firewall technology may play a lesser role.
Cisco Stock Rises 4%
Tue, 10 Mar 2020 14:44:00 +0000
Investing.com – Cisco (NASDAQ:CSCO) Stock rose by 4.06% to trade at $39.48 by 14:42 (18:42 GMT) on Tuesday on the NASDAQ exchange.
Cisco Systems Could Weaken Further as Bottoming Action Is Absent
Tue, 10 Mar 2020 14:30:00 +0000
Let's review the charts and indicators of this tech giant to see where prices may be attractive.
Here's why a former Cisco CIO jumped to a Sunnyvale startup
Mon, 09 Mar 2020 16:49:39 +0000
After 20 years at Cisco Systems Inc., the tech giant's former chief information officer has gone from leading a team of thousands to being CEO at a startup with less than 100 employees. Here's why.
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