CNXT rose today
Wednesday, July 18, 2007
( Yesterday close ) Chart courtesy of stockchartsHere is another stock that is acting very well today is CONEXANT SYSTEMS " CNXT ". This is one of the green stocks that appear in my porfolio, I can say that is one survivor in this red market. Well, according to the daily chart stock is actually rebouding from the recent lows of 1.23$, however have recently breakout the downtrend line, so this movement can mean something good for Bulls. Resistance above 1.50$ and 1.57$. Keep an eye for a close above 1.50$.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
