CORRECTIONS CORPORATION OF AMERICA - CXW
Daily chart shows more bearishness now .... as buyers were unable to take the price higher. Sellers gapped down the price at the open and took it lower towards the .382 fib support into the close. The move up is corrective in nature, so look for a close of the prior gap and lower.
Showing posts with label CXW. Show all posts
Showing posts with label CXW. Show all posts
Friday, October 19, 2007
CXW Update for 10.19.07
Friday, October 12, 2007
CXW Update for 10.12.2007
CORRECTIONS CORPORATION OF AMERICA
Big bid/ask spread for this stock. Look for continuation next week. Next tgt is the $28-29 level.
Sunday, October 07, 2007
CXW Analysis for 10.07.2007
CORRECTIONS CORPORATION OF AMERICA
Monthly chart shows price well above the 34ema.
Weekly chart shows support off the $24 level and a double bottom.
Daily chart shows retracement found support off the .786 fib area. Doji and a gap up on Friday shows buyers wanting to get back into the stock.
Subscribe to:
Posts (Atom)
