Cisco Earnings Preview: Technicals Show Stock Headed for 62.5 to 64 Level

), Inc. engages in the design, manufacture, and sale of Internet Protocol-based networking products and services related to the communications and information technology industry.

The firm operates through the following geographical segments: the Americas, EMEA, and APJC. Its products include the following categories: Secure, Agile Networks, Internet for the Future, Collaboration, End-to-End Security, Optimized Application Experiences, and Other Products.Investors will be focusing on recovery in networking in enterprise & SP markets, AI orders, Splunk integration and security transformation.

Symmetrical triangle forms five legs within, shown on the following chart as 1, 2, 3, 4 & fifth is the breakout point.Long-term target of the triangle breakout is sitting between 80 – 85 in the next few months.November 13 earnings are a good catalyst for more rallies in CSCO targeting 62.50 to 64 level in the short term provided 54/53 support remains intact on daily close basis post earnings.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Shopify: Earnings Could Provide a Catalyst for a Breakout Above 91/92Stocks Analysis by Ali Merchant covering: TotalEnergies SE, Amazon.com Inc, Meta Platforms Inc, Shopify Inc. Read Ali Merchant's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Tesla Earnings: Technicals Reveal Stock Headed Lower, Rally Ended in SeptemberStocks Analysis by Ali Merchant covering: Tesla Inc. Read Ali Merchant's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Tesla: Can Q3 Earnings Spark a Rebound After Recent Setbacks?Stocks Analysis by The Tokenist (Timothy Fries) covering: Alphabet Inc Class A, Baidu Inc, Tesla Inc, Alphabet Inc Class C. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

JPMorgan, Bank of America, Citi Shares: Playing Offense and Defense Post EarningsStocks Analysis by Brian Gilmartin covering: Citigroup Inc, Bank of America Corp, Intel Corporation, Cisco Systems Inc. Read Brian Gilmartin's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »