Concentrix Corporation
Long
Aggiornato

Tech stocks for the comeback? $CNXC

109
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.

Nota
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.
Nota
Big down day after earnings. I didn't buy as it never made the breakout.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.