For instance, on the chart of Cisco Systems, Inc. ( CSCO ) we again see the head-and-shoulders pattern. This did not drag down the stock, as classics suggests. So there is a chance that the stock will grow twice by the head’s increase. The stock already made a first head-height rise, but there is a chance to pass the second one as well. For this reason the stock has so far been above USD 27, and the upside target is roughly USD 33.
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