A global high-tech company which specialises in the development, production,
sale and maintenance of network equipment and other products in the sphere of
communication and informational technology. The company’s share price growth
is set to be facilitated by high profit activities, decent business growth indicators
and a large amount of new innovative projects in IT (cloud computing, etc.).
Furthermore, the company is planning to expand its presence into such rapidly
developing segments as software, data centres (centres for storing and
processing data), IT security, wireless data transmission and the Internet of
Things. Cisco Systems’ shares continue to sit in an upward trend and remain
undervalued in comparison to its analogues.
Investment period ends: 16/06/2017
Expected yield is calculated according to 95% capital protection and the price of the base asset at expiry, equal to 44 USD.
Cisco Systems share price has left the cloud of the Ichimoku indicator upwards and is continuing to sit near the lower limit of an long-term upward trend. The price has broken through the 50, 100 and 200 daily moving averaged on the daily graph. The closest significant support levels are 26.62, 22.44 and 19.94. The closest meaningful resistance level is 33.35.