July 31, 2008
CXW - Nyse. Corrections Corp of America. For the past year, CXW has formed a resistance with prices moving lower while the on-balance volume (OBV) indicator is rising. Divergence between price and volume can give a clue to future price movement. A breakout of this resistance could interest traders looking for a stock to hold for the long term.
No responses to "CXW - Divergence between Price and Volume"
No comments yet.
Leave a comment