SMSI Is Up By 10% After New Platform Launch

By Ben Rabizadeh, Founder of StoryTrading.

Smith Micro Software, Inc SMSI is up sharply today +10% on reports that this stock is finally seeing the launch of it's Safe Path 7.0 platform at T-Mobile. 
Launched earlier today, the StoryTrading community has sufficient evidence to conclude that this update is provided by SMSI and marks a significant inflection point for the company.

A detailed summary of SMSI by James Ticknor

A

s of the time of this writing, SMSI has broken above the 20DMA and is heading for the next resistance around $3.75

 

Disclaimer:
The author is long SMSI

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Penny StocksWIIMMarketsTrading Ideascontributors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!