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HEAD & SHOULDERS  |  May 27, 2005
Infosys Shows Conflicting Head-And-Shoulders Pattern On Daily And Weekly Charts
Infosys bottomed out on the daily chart, breaking out of a bullish head-and-shoulders pattern. On the weekly chart, it seems to be forming a bearish head and shoulders, unconfirmed as of yet. The weekly chart is defining a $60-80 range for the stock.
by Ashwani Gujral

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