Trade Idea: $CNXN PC Connection Inc.
Pattern: The 50 day moving average is above the 250 day moving average indicating a Bullish undertone ... Short term momentum extreme may be a buying opportunity.
- This pattern occurred 71 times on CNXN over the last 4 years.
- 77.5% of the time it generated a profit.
- The average return was 1.0% per trade.
- The average duration of each trade was 3.3 days.
- The profits on winning trades exceeded losses by a factor of 1.7
Last signal: Long* CNXN at 50.79 on 2021-01-11
Exit with 2.5% Profit Target or after 20 trading days. Stoploss -5.0%
Tracking link for PC Connection Inc. signaltradinggroup.com/get-...