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Cisco 650-281 : C-Series Servers for Account Manager Exam

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Test Number : 650-281
Test Name : C-Series Servers for Account Manager
Vendor Name : Cisco
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in the first executive determination section of his "Mad money" application Wednesday, Jim Cramer checked in with Chuck Robbins, president and CEO of Cisco techniques Inc. (CSCO) , the networking giant that posted a fiscal fourth-quarter salary beat but provided a disappointing first-quarter forecast that despatched its shares decrease after Wednesday's close.

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 corporate CFO. Robbins mentioned that Kramer will live with Cisco except her alternative has been discovered.

Robbins pointed out there remains a lot of uncertainty in the business market. businesses are not sure how the coronavirus and vaccines will play out. there's additionally uncertainty surrounding govt stimulus and the elections, all of which have led Cisco to present conservative suggestions.

When asked about Webex, the business's video conferencing platform, Robbins observed it has been growing by way of double digits all through the pandemic, however nevertheless represents a small element of Cisco's overall company.

Let's check out the charts and indications.

in this daily bar chart of CSCO, under, they can see the cost action via Wednesday's close. fees were reduce within the aftermarket but that weak point may well be brief. during this static image costs are buying and selling above the 50-day relocating usual line and the bottoming 200-day relocating general line. If CSCO dips to around $forty five right here on Thursday it could suggest a verify of the 200-day relocating common line and some traders may also trust that a purchasing chance.

The On-balance-quantity (OBV) line has been rising due to the fact the middle of March when the wide market bottomed and its rise tells us that consumers of CSCO had been greater aggressive. The relocating ordinary Convergence Divergence (MACD) oscillator has been above the zero line considering that the core of April and appears like it will possibly turn up or down counting on the price motion within the days forward.

in this weekly bar chart of CSCO, below, they are able to see that costs are above the bottoming 40-week relocating regular line. like the every day chart, a decline in the rate of CSCO right here on Thursday morning may mean a check of the 40-week relocating standard line. This potential dip could be a buying chance. The weekly OBV line suggests first rate power from March and is not removed from a brand new all-time excessive. The MACD oscillator crossed above the zero line in June/July for an outright purchase sign.

in this day by day factor and figure chart of CSCO, under, they are able to see the price actions via Wednesday's close. prices made a brand new high for the movement up and the application is projecting a $fifty three cost target.

during this weekly factor and figure chart of CSCO, beneath, they are able to see that $seventy seven is the longer-term fee target projected. On the downside a weekly change at $forty three may additionally weaken this graphic.

base line approach: while some analysts (simple and technical) might make a bearish case for CSCO, my assessment of the charts above suggests that costs can stream greater in the weeks and months ultimate in 2020. Aggressive merchants could trust going lengthy CSCO after the first hour of buying and selling Thursday.

Get an e-mail alert each time I write an article for true cash. click the "+follow" next to my byline to this text.

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