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Cognizant Technologies (CTSH) Scales Past 20 Day, 50 Day MA on Tuesday Following Strong Earnings in Q4

Symbols: CTSH
Posted in: Long Ideas, Earnings, Technicals, Movers, Trading Ideas
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Cognizant Technology Solutions (NASDAQ: CTSH) has soared 5.2% by early afternoon trading on Tuesday after the company earnings released earlier Tuesday suggested that Cognizant Technology Solutions (CTSH) improved its Q4 earnings by 28%.

Cognizant Technology Solutions (CTSH) has also breached above its 20 day MA and 50 day MA in the Tuesday’s session, to confirm initial signals of strength on charts.


 
 
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