I've been following SIMO closely and this stock CEVA is in the same industry group.

Its chart look much better than SIMO, but has also had a run up already.

I think its trying to form a flat looking base here, and it closed at the highend of the range yesterday (when the market was down 1+%).

I think SIMO's fundamentals are much more explosive, but this one has better institutional support and is trading at a generous multiple which means the smart money probably sees more growth potential relative to SIMO's similar estimates for the year.

Breaking out today?

It meets 100% of "William J ONeil" Checklist (I just noticed this feature.

gar

Looks like SQNS broke out 2 days ago (also in same industry group as SIMO and CEVA).

fundamentals a bit erratic.

OVTI and NXPI both 2010 "Great Stocks" in the same IG are not looking as hot.

g

Its running again today.

not in it. just its sister stock: SIMO

g