786 retracement and bollinger bands contractingCNIT has shown over 78.6 % retracement and the bollinger bands are contracting with oversold conditions - indicates, we could be seeing a breakout very soon.Cby manishchhetri1
CNIT: GOING FOR THE RESOLUTION OF THIS FALLING WEDGECNIT is in a strong downtrend, realizing a descending wedge. I'm expecting a breakout to the upside. Potential gain above 50%.CLongby cantestogo3