CXW - Corrections Corp of Am
Corrections Corp of America is in a steady long term uptrend. Yesterday the stock broke out of a one month long consolidation after reporting better than expected Q3 earnings and raising its Q4 quidance. Volume was above the 50 day average, TSV is positive, Money Stream is steadily raising and about any other technical indicator looks favorable right now. Will establish a position at the opening of Nov 7.
Labels: Breakout
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