GT Advanced Technologies run sharply higher, levels to watch Shares are up over 11.5% at time of writing, after Piper Jaffray mentioned the company positively. Reasons for doing so were based on the belief that the company's sapphire cell phone covers had a justifiable premium over Gorilla glass. Resistance is at $6.89, and then $6.96. Support is at $6.49.
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Apple iPhone 6 with sapphire to be limited by production issues, LEDinside says Analysis of Apple's (AAPL) iPhone 6 supply chain indicates component suppliers have to start shipping products to OEMs for assembly in June to meet the September launch date, but LEDinside said its research did not discover demands for smartphone cover glass. "The sapphire glass version iPhone 6 will be issued in limited volumes this year," the periodical contends. Note that GT Advanced is a parter to Apple and sapphire supplier to the tech giant. Reference Link