Elliott Wave Technical Analysis: Cisco Systems Inc., Sept. 22

Cisco Systems Inc., Elliott Wave Technical Analysis

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Cisco Systems Inc.,(CSCO): Daily Chart, September 22 2022, 
CSCO Stock Market AnalysisMoving as expected, looking for further downside to complete wave {v}.

CSCO Elliott Wave count:  (iii) of {v}

CSCO Trading Strategy: Looking to place shorts on wave (iv) of {v}.

CSCO Technical Indicators: We are below all averages as well as in oversold territory.

TradingLounge Analyst: Alessio Barretta

Cisco Systems Inc., CSCO: 4-hour Chart, September 22 2022

Cisco Systems Inc., Elliott Wave Technical Analysis
CSCO Stock Market Analysis: Looking for wave (iii) to be near completion, most likely we’ll get a bounce once we break wave {iii}.

CSCO Elliott Wave count:  (iii) of {v}

CSCO Technical Indicators: All technical are in favor of further downside.

CSCO Trading Strategy: Any small pullback to the upside can be traded to the downside on short term trading.


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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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