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Corrections Corporation of America Message Board

  • yessuhrd yessuhrd Jul 10, 2007 9:20 AM Flag

    Today's IBD pg B-6 chart analysis of CXW :

    Says that it cleared base-on-base pattern in the middle of
    April and continue to a 7-year high in June. Says that two 3-week tight patterns were formed in May and again at the start of June. Continues that after dipping below the second 3-w tp late in June, CXW found summport at ten-week
    MDA. Notes new correctional facility being built in Missippi. Says that CXW now in possible buy range from the ten-week to about 34.74. Implies that more volume as stock rises to new highs would be reassuring./ The Huss.

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CXW
40.09-0.17(-0.42%)9:36 AMEDT