Trade Idea - Conexant
CNXT confirmed my previous analyse. A closer look at the daily chart it displays a downtrend line broken to the upside with a respectable volume.
From here we can expect a run to the $0.57 area and from there we could see an explosive upsurge to $0.78 and better. Stay tuned.
Here is another chart that confirm this breakout.
I found your blog the other day looks interesting.