TeleCommunication Systems (TSYS)

Company

TSYS
TSYS 1-year chart

"TeleCommunication Systems, Inc. (TCS) is a leading provider of mission-critical wireless data solutions to government customers, public safety, and carriers. TCS produces wireless data communications technology solutions that require proven high levels of reliability. TCS' wireless data offerings include secure deployable communication systems and engineered satellite-based services; location-based wireless and VoIP Enhanced 9-1-1 services; messaging and location service infrastructure for wireless operators; and commercial location applications, like traffic and navigation, using the precise location of a wireless device." (company website)

TSYS
TSYS 6-month chart

Buy

  • Percentage price oscillator (PPO) — below signal line after pullback from recent high, but now narrowing the divergence
  • Volume — increasing since earnings surprise in early February

Based on technical analysis, MarketEdge calls TSYS a "hold," noting that the chart is showing "mild deterioration" and the stock is "oversold."

Sell

gain Bottom line
4%

This seems to be the day for everyone to take profits. TSYS was up when the market opened, and I went off to an appointment. When I came back, my profits had been cut in half. However, in this crazy market, half a loaf is better than none.