Nice set up, thanks!   I do EW analysis on CSCO; attached is my count.  great position per this count.  CSCO has done a big expanding flat correction down off the April 2019 high.  It’s just beginning new impulsive action to the upside per this count.  I will be adding to CSCO as (if) this develops in accordance with this structure, starting with a break up and out of this little ii or iv wave (or flag for the technical analysis crowd; I also like that MACD is crossing positive here with any upward movement above the zero line).  I consider this trade a pilot position.  It’s a nice long set up both instantly and as a trading instrument for a ride back up to 58.  BTW my stop here is at 45.34; that’s just under the 61.8% of the minuette [i] up and in the midst of the prior minuette [iv].  No business being down there with this set up, and if it gets there, the probability of trade failure zooms to higher than  the probability of success.  Pragmatically I try to exit it the instant it crosses that 61.8%…if it comes to that.