Trading Idea - Computer Sciences Broke Resistance, What to Expect?

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Trading Idea - Computer Sciences Broke Resistance, What to Expect?

Published on Thursday, 02 February 2012 07:52 Written by Christian Paolinetti

New York, February 2nd (TradersHuddle.com) - Shares of Computer Sciences Corporation (NYSE:CSC) closed the trading session at $27.19 just above calculated resistance at $26.56 moving to what appears to be a new range, as this move will clearly raise the attention of momentum buyers.

Computer Sciences Corporation (NYSE:CSC) provides consulting and information technology (IT) services to industry and government. The Company provides consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting.

Computer Sciences' stock was trading in a well defined range with support at $23.27 and resistance at $26.56, given that this range was broken traders will be closely monitoring the stock

CSC Wins Transportation and Infrastructure Systems Contract - Benzinga
CSC Extends Managed Services Contract with Safety Insurance Group - Benzinga
Computer Sciences: S&P Intraday Laggard - TheStreet.com
Computer Sciences Stock To Go Ex-dividend Tomorrow (CSC) - TheStreet.com
UPDATE: Oppenheimer Initiates Verastem's Rating and PT - Benzinga
CSC Signs Non-Binding Letter of Intent With UK Department of Health - Benzinga
CSC Signs $25M Annuity Administration ITO Contract Extension with John Hancock Financial - Benzinga
CSC Appoints Mike Lawrie President and Chief Executive Officer - Benzinga
Morgan Stanley Opens 15-Day Research Tactical Idea on Computer Sciences Corporation - Benzinga
UPDATE: Stifel Nicolaus Cuts Target to $34 on Computer Science Corporation - Benzinga

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