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Is Freescale (FSL) Ready to Breakout?

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Are you a technical investor? If so, it may be time to consider Freescale Semiconductor Ltd 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.

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