SmoothJB

BEQS

Long
NASDAQ:BRQS   None
Borqs Technologies Inc (NASDAQ:BRQS) volume 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 EMA, which is very positive. All major short-term EMAs have started moving up, with the 9-day EMA above the 20-day EMA 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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.