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February 8, 2013
14:22 EDTSNCRSynchronoss gaps up, spikes higher after earnings, levels to watch
The share are now up nearly 20% on the day following better than expected results last night after the close. The company beat consensus expectations of 25 cents by 4 cents. The price action today has filled the big bearish gap from May of last year. This is one reason it is worth keeping an eye on a longer range chart for big discontinuities such as this, bearish or bullish, as all gaps eventually get filled. They also provide important clues for support and resistance. Next resistance above the top of the gap is at $31.14, a pivot high. Support is at the prior bearish gap top at $29.10. There was a large short-base, over 12 days to cover, coming in to the earnings report. Volume is heavy.
News For SNCR From The Last 14 Days
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July 14, 2014
08:32 EDTSNCRSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.

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