I think this could be a big earner. Looks to me like it's early in a new bull cycle.
I would feel pretty risky buying in now, but if it makes a new higher high (2nd impulse). I would think there's an upgraded probability that a 3rd impulse up could be on the way. Would then look for pullback orders.
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People that are really seasoned might think buying now is...
Not familiar with this company, but it popped up in my unusual volume scan. Price is holding support at the bottom of a bullish channel. Recent buying volume could indicate a good move to the upside.
Looks like CNNE is starting a new downtrend. It recently put in a double top formation and broke it's rising trendline. The bounce attempt failed at the 20-day EMA. Looks like a good short candidate.
Contextual immersion trading strategy idea.
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology-enabled healthcare services, financial services, and more.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I...
CNNE,CLGX: Cannae Holdings, Inc. and Senator Investment Group, LP
2020-06-26 20:00:00
Cannae Holdings and Senator Investment Group Submit Proposal to Acquire CoreLogic
$CNNE is close to buy point of $40.27. I would watch for volume above the average before you get in.
12 months Consensus Price Target: $43
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Cannae Holdings has been picking up some accumulation with a one day 15% spike yesterday on a surprise profit from earnings. Daily volume spiked two days in a row, and it looks like this relatively young company is off to the races.
