AldenInvestments
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CSCO Follow Through Head and Shoulders Pattern

NASDAQ:CSCO   CISCO SYSTEMS, INC. - COMMON STOCK
This play is a decent look in our opinions. We aren't concerned about the fundamentals so much as stated on the chart. We see an inverse head-and-shoulders pattern appearing. It's a slower mover so the consolidation can take a bit of time. After that period is over, we do see a potential gap up in the long run. Maybe it be an announcement of a spinoff that would be needed in the near future, in our opinions. Or simply just buying value. This seems to be a large cap that can give a smoothish ride, if there's even such a thing in this game!

Alden Investment publications are only meant for viewing pleasure and not to be taken in as financial advice or anything related to such.
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