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Sequans Communications S.A. Message Board

  • motownvg motownvg Dec 3, 2012 10:20 AM Flag

    Bumped into the 200 day and took a breather

    This stock has been in a descending channel for most of 2012 (nice drift downward with decreasing volume). Anyway, we just bumped into the 200 MA and I think after a little breather, we can break through it. If you are long (and even if you have made a little profit), I would hang on and watch the squeeze.

    Sentiment: Strong Buy

 
SQNS
1.24-0.01(-0.80%)Dec 26 4:00 PMEST

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