CCA Is at an Inflection Point

Corrections Corporation of America (CXW) is a for-profit operator of correctional facilities in this country. The stock price is up 51% over the last year, surpassing its 2007 high. This run has taken it to a channel target projection and brought the stock to a key inflection point.

The weekly chart shows the wide range, two-year channel consolidation that contained price movement in 2010 and 2011....321 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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