Stock Chart Analysis CPLA

Posted by downtowntrader | 8/14/2007 08:59:00 PM | 0 comments »

Stock Chart Analysis CPLA

Capella Education Company (Public, NASDAQ:CPLA)

CPLA looked like it was falling apart a few weeks ago, but buyers stepped in and it has held up well in the face of more market weakness. CPLA is one of the few stocks holding steady near all time highs so it will probably be one of the first to turn higher when the correction runs it course. I am keeping an eye on the channel drawn below rather then a close above all time highs.

Good Trading,


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