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Cisco 350-021 : CCIE SP Cable Qualification Exam

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Test Number : 350-021
Test Name : CCIE SP Cable Qualification
Vendor Name : Cisco
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don't surrender on Cisco methods despite Disappointing Forecast | 350-021 Real exam Questions and Latest Questions

within the first govt choice segment of his "Mad cash" software Wednesday, Jim Cramer checked in with Chuck Robbins, president and CEO of Cisco techniques Inc. (CSCO) , the networking large that posted a fiscal fourth-quarter profits beat but provided a disappointing first-quarter forecast that despatched its shares decrease after Wednesday's shut.

Robbins commented on a number of issues surrounding Cisco. He stated the pending departure of longtime chief fiscal officer Kelly Kramer may additionally had been a shock for some, but Kramer already has outlasted the standard tenure of a company CFO. Robbins referred to that Kramer will live with Cisco unless her replacement has been found.

Robbins pointed out there is still loads of uncertainty in the commercial enterprise market. corporations don't seem to be bound how the coronavirus and vaccines will play out. there is additionally uncertainty surrounding government stimulus and the elections, all of which have led Cisco to present conservative suggestions.

When requested about Webex, the company's video conferencing platform, Robbins spoke of it has been growing by using double digits during the pandemic, but still represents a small component of Cisco's normal business.

Let's try the charts and indicators.

during this daily bar chart of CSCO, under, they can see the rate action through Wednesday's shut. costs were reduce in the aftermarket but that weak point may be temporary. during this static photo prices are trading above the 50-day relocating standard line and the bottoming 200-day relocating commonplace line. If CSCO dips to around $45 right here on Thursday it could mean a check of the 200-day moving standard line and some merchants might also accept as true with that a purchasing possibility.

The On-balance-volume (OBV) line has been rising when you consider that the center of March when the broad market bottomed and its upward push tells us that buyers of CSCO had been greater aggressive. The relocating typical Convergence Divergence (MACD) oscillator has been above the zero line for the reason that the center of April and appears like it may turn up or down depending on the fee action in the days ahead.

during this weekly bar chart of CSCO, beneath, they will see that expenses are above the bottoming 40-week moving commonplace line. like the each day chart, a decline in the price of CSCO here on Thursday morning might mean a test of the forty-week relocating common line. This capabilities dip can be a buying opportunity. The weekly OBV line suggests good energy from March and is not far from a brand new all-time excessive. The MACD oscillator crossed above the zero line in June/July for an outright purchase signal.

during this each day point and determine chart of CSCO, below, they can see the rate actions through Wednesday's shut. expenditures made a new excessive for the move up and the application is projecting a $53 cost goal.

during this weekly factor and determine chart of CSCO, below, they can see that $seventy seven is the longer-time period expense target projected. On the downside a weekly exchange at $43 may additionally weaken this photo.

base line approach: while some analysts (basic and technical) could make a bearish case for CSCO, my evaluate of the charts above suggests that fees can circulation better in the weeks and months final in 2020. Aggressive merchants may consider going lengthy CSCO after the primary hour of buying and selling Thursday.

Get an e mail alert every time I write an editorial for genuine money. click on the "+observe" next to my byline to this article.

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