Trade Idea - CCI
Sunday, November 04, 2007
Chart courtesy of stockcharts

Shares of Crown Castle Intl Corp were up 1.5% on Friday to $40.55. Looking at the daily chart, we can see that stock has had a nice run over the past few weeks and is now very near to breakout one of the major resistances at $41.70. All Inidicators are printing in the chart a clear Bullish Momentum, such MACD, RSI and CCI. Next week I'll be Bullish in this stock if breakout occur, with strong volume. So, keep CCI in your watchlist.

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.

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posted by Pro Investor Trader at 11:56 AM | Permalink


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