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motleifaul
29 Jan 2024 pukul 19.09

CSCO Support Zone Panjang

Cisco Systems, Inc.NASDAQ

Huraian

The trend is upward since November and has been corrected in January already. After the little attempt yesterday and the renewed rise today I assume that we can continue to rise.
We are still within a Fibonacci based support/resistance zone. Its bottom is the October low and the top the present January high. May be it will take some time to get decisively above this zone. But if we maintain the momentum it may go up then quickly.

Dagangan ditutup: hentian tercapai

Turned the position into a short one now.

Dagangan aktif

Short.

Dagangan ditutup: sasaran tercapai

So the deal became profitable finally.
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