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Nobueno
Dec 8, 2023 9:12 PM

8x8 broke up out of the long term trend-line.  Long

8x8 IncNASDAQ

Description

8x8 is considered one of the leaders in the VoIP space. Today it broke out of the long term falling wedge at $3.61. They recently added AI to their calling service to improve customer interactions and savings. This should be a very nice run. They beat earnings analysis last quarter by $0.053 and likely will beat it again next earnings. Rumors have been circulating that they could be bought out.

Not investment advice.
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