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Trade-Ideas: BroadSoft (BSFT) Is Today's "Barbarian At The Gate" Stock

Trade-Ideas LLC identified BroadSoft ( BSFT) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified BroadSoft as such a stock due to the following factors:

  • BSFT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $26.4 million.
  • BSFT has traded 333,562 shares today.
  • BSFT traded in a range 401.3% of the normal price range with a price range of $5.20.
  • BSFT traded above its...

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