Cisco shares continue to rise for the fifth week in a row supported by the moving averages that move down the price in a positive order and give stability and stability in the ascending
The pair is trading above the resistance level of 46.60 and the target at 49.12.
The Stochastic is moving within the overbought area and gives the price positive pressure as long as the movement in this area
The trading range between support 44.57 and resistance 49.12
The general trend of the movement is bullish