Cisco ($CSCO): Continue to trend down with GAPS

Cisco ($CSCO)  continues to trend down with gaps in between. Since my last post in May, CSCO has fail to hold on and has go lower towards the $15 range. News is out now that CSCO will cut as many as up to 10,000. CSCO job cuts highlight the possibility of slow growth ahead due… Continue reading Cisco ($CSCO): Continue to trend down with GAPS

Cisco Systems Inc (CSCO): Gappy Charts and Bearish

  Reuters just reported that Cisco (CSCO) will have a sales miss for this quarter with more jobs cuts expected. The key points to note for Cisco is as follows: 1. Cisco’s core businesses is UNDER THREAT. On the low end, competitors comes in the form of Netgear (NTGR), despite the fact that it owns… Continue reading Cisco Systems Inc (CSCO): Gappy Charts and Bearish

Radware Ltd (RDWR) : Bearish Cross Sighted

Despite beating the earnings estimate, Radware continues to face selling pressures after its earnings has been announced. With the continuous selling, a bearish cross is sighted after it break the 2 support level at $22 and $21. I have since sold off my holdings at a loss after it breaks $21. Currently, the price close… Continue reading Radware Ltd (RDWR) : Bearish Cross Sighted