Motley Fool Move?

I still find the Following of certain 'celebrity' type stock 'Picking" Gurus fascinating.
A case in point is the release of an stock report  fundamentals on Friday.
I must admit after Reading the article it was pretty intriguing. And a pretty impressive 'Pop'
it was. The equity I'm talking about is Sierra Wireless. Since I'm a chartists It was time to take a look.
Here's the Weekly chart:                                                                                                                                                                                                                                  

SWIR
The blue arrows shows past support areas that are now resistance areas. These were Three Scallops that formed.
In the Daily charts theres a previous Gap up Breakout and we can see that the price action is stair stepping and using  the cloud as support. I drew the dotted support /resistance first and then laid the Ichimoku cloud over top. Check the volume. Every trader should use a Two time frame minimum and also two different methods to confirm the trade. The weekly resistance is at $ 16.50.    The beauty of i-cloud charts is the 3-built in indicators.

Charts courtesy of www.stockcharts .com                                                                                                                                              

Daily chart.