CNXC trade ideas
CNXC 2023 Q4 ESPPMonthly (and lower timeframes) simple Tech Analysis for NASDAQ:CNXC (Concentrix + Webhelp) chart to track potential ESPP participant's view of share price.
CNXC Concentrix Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CNXC Concentrix Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-04-19,
for a premium of approximately $8.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
CNXC- BULLISH SCENARIOConcentrix Corporation, a leading global provider of customer experience solutions and technology, plans to announce its fiscal first quarter 2023 financial results after the market close on Wednesday, March 29, 2023. The expectations are for revenue of 1.64 B and 2.8 EPS.
The price formed a double bottom at the long-term support level and a bullish divergence of the RSI.
The next price target is located at 0.618 Fibo level ($ 140).
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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.
$CNXC Setting Up a Pullback Buy$CNXC no too shabby here.
Pullback buy bounce of 50 MA.
A tech stock that hasn't been murdered like every thing else.
Potential leader in the next up cycle.
CNXCtake buy if u see bull presure because there is a double bottom and support zone.
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#CNXC Long term Analysis.#CNXC stock analysis from its share price at IPO during December 2020, all the way to 365 days later, at December 2021, with extended ESPP information for any Concentrix Employee to analyse in anticipation of enrolling into the companies ESPP scheme.
ALWAYS DO YOU OWN RESEARCH (DYOR) AND CONDUCT THROROUGH DUE DILIGENCE (DD) BEFORE INVESTING IN ANY ASSET CLASS.
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$CNXC Box Long Setup3rd box setup on $CNXC - building that base around 50 MA.
Concentrix Corporation (CNXC)- PROVIDER OF TECH-ENABLED GLOBAL BUSINESS SERVICES IN CUSTOMER ENGAGEMENT AND IMPROVING BUSINESS PERFORMANCE.
