CSCO Daily Bull Flag Setup

CSCO looks to be setting up a nice bull flag to go long. Set a base and has been trading sideways for some time. A breakout could send this to Mid 50s in my opinion short term. RSI has been chilling out as well which is a good sign. Not a bad idea to start a small position now and scale in on confirmation of a breakout. You can have tight stops under $51 for minimal loss or let it go some to $50.

Shares or 5/21 and later options near the money or in the money would be good for this play if you like it.

NOT FINANCIAL ADVISE ONLY SHARING MY OPINION ON THE STOCK!