Cisco shares continue to rise for the seventh 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 price managed to break through the previous high at 49.62, so we can say that we are on a new bullish path.
Stochastic continues to climb. Currently moving within the zone of saturation of the purchase and if continued movement within this disaster we will see a rise in price.
The general trend of the movement is bullish.