4/20/15 CDW

CDW corp looking for a breakout from an ascending triangle. I like the way this is setup however I would like to see it confirm with a close above 38.50. The MACD looks to be curling up and RSI is making higher lows. After a confirming close above 38.50 I could see the stock pressing up into the low 40’s in the near term. A rally in the S&P’s and DJIA could give CDW the push it needs to break out.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s