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CNXC

CNXC- BULLISH SCENARIOConcentrix Corporation, a leading global provider of customer experience solutions and technology, plans to announce its fiscal first quarter 2023 financial results after the market close on Wednesday, March 29, 2023. The expectations are for revenue of 1.64 B and 2.8 EPS. The price formed a double bottom at the long-term support level and a bullish divergence of the RSI. The next price target is located at 0.618 Fibo level ($ 140). Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:CNXCLong
by legacyFXofficial
Tech stocks for the comeback? $CNXCConcentrix is an American business services company specializing in customer engagement and business performance. With good revenue growth for the last 3 years the stock is looking good for a long entry. After a double-bottom breakout, NASDAQ:CNXC took a pause to make a good pennant with a pivot buy at $208.58. I realy like the fact that the price bounced off the 50-day MA two times, that is a good sign of strength. I would start with a small position as it will announce earnings soon.
NASDAQ:CNXCLong
by dpuleo19
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