MoSys Stock Soars, But Is It Time To Sell?

Shares of semiconductor company MoSys, Inc. MOSY have been on fire over the past week. more than doubling in price.

But the rally may be over soon.

The stock skyrocketed in February. When shares reached levels around $6.10, the sellers put a top on it and $6.10 became a resistance level.

Today, the stock has reached these levels once again. There’s a chance the sellers come back into the market and knock the shares lower as they did in February.