CTSH has a basing bottom formation underway that is compressing at a higher low level. This pattern often precedes a breakout.
CTSH: Cognizant 2019-10-16 07:00:00 Cognizant to Acquire Contino, a Premier Enterprise DevOps and Cloud Transformation Consultancy
EN: Another pushed Friday, the stock seems to reach my target of $70. The lower trend line of his short term trend resists well! FR: Un autre poussé vendredi, le stock semble bien vouloir atteindre ma cible de 70$. Sa ligne de tendance inférieure de sa tendance court terme résiste bien!
Hi All, This is my first public post. It seems that CTSH is near to breakout now. We can clearly see the Rising Wedge pattern here. I hope, Cognizant will trade at 58 USD in the near future. Let's see. Sell: 63.85 Target: 58 Stop loss: 64.50 Regards, Vikram
Despite Trump and India going at each other. Buy long and it will hit 70
A uninterrupted impulse from the beginning.
Adding some right now, lets hope this trendline stays support.. long term investment
This is an easy, textbook bull flag right on support with a bull div on the 4hr. First target is $77, second is $82
The price is below to 30MM going down fast. RSI is low.
Think this is bottoming RSI daily at 30 and rising Closed above horizontal support of 75.45 MACD about to cross on daily up ENTRY:76.00 SL:75.20 (1% risk) TP1: 78.5 TP2:81.77
Part 2 of $CTSH - except this week I'm long. You can check out original idea here - Selloff to the $74.85 range was predictable before seeing an upside. Despite the significance in the drop, the setup pointing towards a heavy move back upwards to the $80 (& eventually around $81.50) range looks almost like a textbook correction (for now, at least). Most ideal...
Took me 18 secs or so to finish this one. Little challenging pattern here, but, you know. My guesstimate is $73-$75. While were @ this disappointing earnings report, anyone else notice their internal investigation by DOJ & SEC for $6M in "improper payments" between 2009-2016? Makes me wonder why wasn't brought up on the earnings call. "A little -$.04 miss by EPS...