CSCO Stock: Lock and Loaded
Cisco Systems, Inc. (NASDAQ:CSCO) stock is setting up to make a serious move, and this comes at time when the volatility in CSCO stock has been nearly erased. Large swings in Cisco's stock price are almost non-existent. Since the middle of December 2016, Cisco stock has traded in a tight defined range in which only $1.00 has separated the highs and lows.
Contraction of volatility is like a spring being compressed; it is waiting for a tipping point, at which time that spring will be released and all that stored-up.
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Cisco Systems, Inc. (NASDAQ:CSCO) stock is setting up to make a serious move, and this comes at time when the volatility in CSCO stock has been nearly erased. Large swings in Cisco's stock price are almost non-existent. Since the middle of December 2016, Cisco stock has traded in a tight defined range in which only $1.00 has separated the highs and lows.
Contraction of volatility is like a spring being compressed; it is waiting for a tipping point, at which time that spring will be released and all that stored-up.
Den vollständigen Artikel lesen ...