"The tower stocks are terrific. You're in good shape," replied Jim Cramer to a caller asking about Crown Castle International Corp. (CCI) during the Lightning Round segment of Mad Money Thursday evening.
Let's check out the charts and indicators of CCI.
In the daily bar chart of CCI, below, we can see an uptrend for the past year. Recently prices have been trading sideways above the rising 50-day moving average line as well as the rising 200-day line.
Trading volume has diminished from late November and the daily On-Balance-Volume (OBV) line has stalled.
The Moving Average Convergence Divergence (MACD) oscillator has just crossed to the downside for a take profits sell signal or sell for a stock in an uptrend.