Trade-Ideas: CCI

This stock had first featured on my websites Breakout section for November 10th 2004. The stock has climbed from its then price of $16.58 to Friday's close of $27.57. The current triangle consolidation was likely triggered by its late October earnings release. Certainly the stock has held its gains following its run and looks to be preparing for its next upward surge. If buying run stops on a loss of $26.15.

Crown Castle International Corp. (CCI) engages in the ownership, operation, and lease of towers for wireless communications. The company leases antenna space on its towers that accommodates multiple tenants, as well as provides certain network services, such as antenna installations, network design and site selection, site acquisition, site development, and other services to its customers.

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