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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.


TSX:STC - Post by User

Post by Charley33on Jun 01, 2021 10:26am
177 Views
Post# 33302676

RF Clearing off the ask today

RF Clearing off the ask today

They have been selling (without buying) massively in the last few days, and before them it was Raymond James. It seems that without these selling pressures, the stock could go up quite rapidely on lower volume (as we saw late in the day yesterday).

We also had a nice hammer candlestick on the EMA 100 Week yesterday, which is also a strong support (around 2.75$-2.80$). It is early to call for a real reversal, but it is encouraging.

I have been long on Sangoma since 2016 and bought shares a few times along the way. Last purchase was at 3.65$ during the march sell-off. I would be adding again if we can retake the MA200 days at around 3.45$. I

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