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Sierra Wireless Inc. Message Board

  • grooveman64 grooveman64 May 18, 2006 9:46 PM Flag

    SWIR back on original Growth Slope...

    with a $17.45 close today, SWIR is now back on its original Growth Slope that was started since late March, 2006

    provide it does not continue going south starting tommorrow, it would have been already back on a "sustainable" growth slope.

    I think all the gaps have been filled with this down day today...

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    • looked like SWIR is fighting hard to stay on the TRENDLINE started in late March...

      i don't mind an intraday dip to 14 range, so we can officially call the gap filled, and then a strong reversal back up to 18 within the same day...

      but that would too drastic a swing for one day to hang onto to the trendline without really breaking the trend...

 
SWIR
19.89-0.03(-0.15%)May 27 4:00 PMEDT