Does the below chart look familiar? It seems like everywhere I look in the NASDAQ there are inverse Head and Shoulder reversals.

Tthe outlook for Cisco Systems Inc (CSCO) is bullish. If this reversal breaks, CSCO could rally close to its October highs.



Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.