Hela July 1, 2019

Photocredit: © 2019 Bloomberg Finance LP

Photocredit: © 2019 Bloomberg Finance LP

© 2019 BLOOMBERG FINANCE LP

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.

Chart 1

This reliable cycle bottoms now.

This reliable cycle bottoms now.

CYCLES RESEARCH INVESTMENTS LLC

Chart 2

Cisco is relatively strong.

Cisco is relatively strong.

CYCLES RESEARCH INVESTMENTS LLC

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.

Chart 3

This weekly cycle is forming a low.

This weekly cycle is forming a low.

CYCLES RESEARCH INVESTMENTS LLC

Chart 4

This strong stock is due to gain ground in the coming weeks.

This strong stock is due to gain ground in the coming weeks.

CYCLES RESEARCH INVESTMENTS LLC

[“source=forbes”]