Tech stocks for the comeback? $CNXC
تم تحديثه
Concentrix is an American business services company specializing in customer engagement and business performance. With good revenue growth for the last 3 years the stock is looking good for a long entry.
After a double-bottom breakout,
CNXC took a pause to make a good pennant with a pivot buy at $208.58. I realy like the fact that the price bounced off the 50-day MA two times, that is a good sign of strength.
I would start with a small position as it will announce earnings soon.
After a double-bottom breakout,
CNXC took a pause to make a good pennant with a pivot buy at $208.58. I realy like the fact that the price bounced off the 50-day MA two times, that is a good sign of strength.I would start with a small position as it will announce earnings soon.
ملاحظة
Today the price made a bearish engulfing with low volume. For me that just made the pattern look a lot better. Waiting for the breakout to take a position.
ملاحظة
Big down day after earnings. I didn't buy as it never made the breakout.
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