Sangoma Technologies Corp T.STC

Alternate Symbol(s): SANG

Technology Communication Equipment

Sangoma Technologies Corporation is a provider of managed cloud-based communications and technology solutions for businesses worldwide. The Company offers a comprehensive suite of cloud-native communication solutions, including software, endpoints, and connectivity services. It offers a complete set of cloud communications services, flexible deployment options including cloud and on-premises, and customer service. The Company’s solutions include communication services, phone and devices, network connectivity, and MSP services. It delivers hosted phone services for contact centers, small businesses, and other organizations looking to the Cloud for managing their business communications. It provides desk phones, headset, and DECT phones. Its network connectivity solutions include voice over Internet protocol (VoIP) gateways, Session Border Controller (SBC), and telephony cards. The Company also provides open-source communications software.

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Sangoma Technologies Corp > RSI is about 33 and the price is settled in now

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Comment by Torontojayon Feb 16, 2023 5:47am

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Post# 35289111

RE:RSI is about 33 and the price is settled in now

The spread between the intraday lows and opening share price is still higher than the spread of the intraday highs and open price. Volume has subsided from the first day of carnage but it is still elevated. There are signs that the bulls are alive from yesterdays trading but it's a 50/50 shot at this point.

I also observed that Sangoma is trading below its 50 day bollinger band with a 14 day RSI of 33.83.

I think a pop could happen any day now.

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