Siyata Mobile Breaking Out

DENVER, Colo., Oct 5, 2023 (247marketnews.com) – After Siyata Mobile Inc. (NASDAQ:SYTA) announced, yesterday, that it received an order from the U.S. federal government for its Hero Series UM50 FN cellular boosters, it was in breakout mode. At least until what looked like a shorter bear raid brought it down.

Siyata Mobile trended higher through yesterday after noon and that’s carried through, as it’s looking like those shares are being bought back today and many of those may be at higher prices, if this move continues.

Siyata Mobile is trading at $3.12, up $0.18 (+6.12%), on 95.9K premarket shares traded.

Its 52-week range is $1.98 to $37.00. It’s bouncing off its 52-week low, from a few weeks ago, and its immediate inflection points are $3.21 and $3.34, with the key inflection point at $3.50, while support levels are at $3.11 and $2.99.

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