Hubert Senters here.
Let’s take a look at Cisco, CSCO. Breaking out to the high side. Definitely boring. Not the most sexiest thing in the world trade but look a lot of times boring can be profitable if you just sit still and let it let you make some money.
So let’s take a look at Cisco. Cisco breaking out lagging line above the cloud all that stuff is good. Let’s see if we get a potential target on this little around here so it looks good. Stop would be $49.06. You can be long anywhere in this area around $50 to $51-ish. All we’re going to do is we’re just going to do a little fib exercise.
We’re going to go one, two, three. Next initial target that’s going to run more than this. These are going to be the initial targets $51.40 followed by $51.78.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
