CNXN Forecast


Bullish Case: CNXN's stable historical price return, coupled with the relatively moderate implied volatility (IV) around the $65 strike, suggests limited downside risk. Positive economic trends in the consumer discretionary sector could provide upward momentum.


Bearish Case: The general flat price movement and increased market vs. Helium implied volatility disparity indicate potential downside risk. The recent weak price performance suggests a bearish trend might continue, with the possibility of further declines.


Potential Outcomes:

1. Economic growth (+48%): Boosts consumer spending, driving CNXN up;

2. Sector-specific news (+20%): Positive developments could increase stock price;

3. Economic downturn (-30%): Decreases consumer spending, driving CNXN down;

4. Trading volume impact (+2%): High IV suggests possible price swing.


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June 28, 2024


PC Connection Forecast

CNXN      PC Connection











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