The Traderszone Network

Published in TZ Latest News 4 June, 2015 by The TZ Newswire Staff

Will This Top Software Stock Put Itself Up For Sale?

Two stocks, Ambarella (AMBA) and Synchronoss Technologies (SNCR), rejoined Sector Leaders in Thursday’s edition. Synchronoss cleared a 48.54 cup-with-handle buy point in early April and rose 8% before getting knocked down by a series of bearish reversals. On the way down, it sliced its 50-day moving average and triggered a sell signal. By June 1, it had fallen as much as 13% below the entry.

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