Borqs Technologies Inc (NASDAQ:BRQS) and price are on the rise and this stock is really getting some momentum behind it. The share price has finally crossed and closed above the declining 50-day , which is very positive. All major short-term EMAs have started moving up, with the 9-day above the 20-day for the first time in more than 2 months. Friday’s intraday high of 0.845 was also the highest level the stock has touched in more than two weeks. The daily technical indicators are pointing to a continuation of the rally.