SIERRA WIRELESS INC (SWIR)

[Doubledown22]

Some folks taking profits with $SWIR today and I can't say I really blame them short term once it broke over $28.20. Very nice double and even close to triple for folks into this stock from a year ago low of $10-12.50 range.

Nice ride up for them.

DD22
p.s. $SWIR technically appears OVERBOUGHT right now and is due for a correction to some degree. At $25.46 there seems to be a decent level of support in case she retraces back past $27-$26 band. Beyond that the $22.50 and $20 levels are strong based on volume handled and money exchanged at those levels.