======Target price $88====
Whereas other chip/semi stocks have suffered during the past month CONE has actually outperformed, even during the heavy selling it held its position,that is a sbullish a sign as you can get.
Caution as a pullback to the breakout level is likely given the high RSI.
CyrusOne, Inc. engages in the ownership, operation, and development of enterprise-class, carrier-neutral, multi-tenant data center properties. It provides mission-critical data center facilities that protect and ensure the continued operation of information technology infrastructure for different customers. The company's data center properties are purpose-built facilities with redundant power, cooling and telecommunications systems and that are not network-specific, enabling customer interconnectivity to a range of telecommunications carriers. CyrusOne was founded on July 31, 2012 and is headquartered in Dallas, TX.
Whereas other chip/semi stocks have suffered during the past month CONE has actually outperformed, even during the heavy selling it held its position,that is a sbullish a sign as you can get.
Caution as a pullback to the breakout level is likely given the high RSI.
CyrusOne, Inc. engages in the ownership, operation, and development of enterprise-class, carrier-neutral, multi-tenant data center properties. It provides mission-critical data center facilities that protect and ensure the continued operation of information technology infrastructure for different customers. The company's data center properties are purpose-built facilities with redundant power, cooling and telecommunications systems and that are not network-specific, enabling customer interconnectivity to a range of telecommunications carriers. CyrusOne was founded on July 31, 2012 and is headquartered in Dallas, TX.