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midastouch017

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midastouch017

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Friday, 04/10/2015 8:56:51 AM

Friday, April 10, 2015 8:56:51 AM

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Will Supercom (SPCB) Continue to Surge Higher?
- Tale of the Tape
Zacks By Zacks Equity Research

Apr 9, 2015 4:00 PM EDT

Coverage initiated on SuperCom by Singular Research Briefing.com 9 days ago

Supercom Ltd (SPCB) has been on the move lately as the stock has risen by 12.6% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?
While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on SPCB is moving in the right direction. In fact, the stock currently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus company.
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