Shares of Clearwire surged 23%
Thursday, June 14, 2007
Shares of Clearwire surged today more than 23% to 24.50$ after company said on Thursday it has signed deals to provide wireless high-speed Internet access to customers of U.S. satellite TV providers DirecTV Group Inc. and EchoStar Communications Corp. Investors reaction to this news in share price was immediat. Looking at the chart, stock has broken out an important resistance 22$ and may can retest previous high. Keep an eye on CLWR in the next sessions.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
