Cerner (NASDAQ: CERN): very important moment

Cerner25 02 2008

As we can see at the figure below, stock price is just trying to break the bearish trendline since January 10, 2008. This level is very important to improve the technical appearance of the Cerner chart.

$44 support level is very important too. This level must be kept, because if it’s broken, stock price could drop to $40.

But if the bearish trendline is broken out, stock price can rise to $50, so it will be time for longs. We will watch out for the possible breakout today.

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