Silicon Motion Technology Breaks Above 200-Day Moving Average – Bullish for SIMO (DividendChannel.com/Dividend Channel)

DividendChannel.com / Dividend Channel
Silicon Motion Technology Breaks Above 200-Day Moving Average – Bullish for SIMO – In trading on Tuesday, shares of Silicon Motion Technology Corp (SIMO) crossed above their 200 day moving average of $74.27, changing hands as high as $77.56 per share. Silicon Motion Technology Corp shares are currently trading up about 5.7% on the day. …

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