Tuesday, May 08, 2018 11:45:04 AM
Cognizant Tech Solutions (NASDAQ:CTSH) is a leading provider in IT consulting, technology and outsourcing services for companies. Yesterday, the stock plunged lower after reporting earnings that disappointed the street. Today, CTSH stock is falling lower by 2.03 percent to $76.28 a share. Traders and investors should note that the break-down occurred with extremely heavy volume signaling further downside in the near term. The next major support level for CTSH stock will be around the $71.00 area. This level is where the stock broke out of a bearish base in January 2018. Often, prior breakout levels will serve as solid support when retested.
Nick Santiago
InTheMoneyStocks
Recent CTSH News
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
