There is a strong bias to the upside in this coming holiday-shortened week. Because June was strong, the odds of higher prices are increased to over 80%. Long positions are preferred.
There is a weekly cycle low now in the Cisco share price. All eleven buy signals have led to rising prices in the last year. The stock has been strong, generating rising relative strength. The shares are due to climb closer to $59-$60 or higher by the third week in July.
The weekly price cycle for Qualcomm has reached a low. Five of the last six buy signals have been profitable. The stock is in an uptrend as can be seen in the weekly price graph. Price and relative strength have been trending up. The share price is likely to rise to $79-$80 by mid-July.