All,
After spending the last 6 months in a classic declining trend, Computer Concepts Corp. (NASDAQ:CCEE) appears to be in the process of breaking out above the upper channel. Yesterday, the stock penetrated resistance just below 1.5, but closed off the high. This morning, the stock again penetrated resistance and now remains above the upper band of the declining channel. Volume has been increasing significantly over the last several weeks. This stock could test resistance near $2.00 in the next few weeks. |