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Tale of the Tape

Zacks Equity Research

Is Freescale (FSL) Ready to Breakout?
February 07, 2014


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Are you a technical investor? If so, it may be time to consider Freescale Semiconductor Ltd (FSL - Snapshot Report) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for FSL.

This trend may have already begun, as shares of FSL have moved by higher by 11.6% in just the past month. Plus, FSL has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Ultra Petroleum has plenty of life left.