ClickSoftware Technologies Ltd.  (CKSW) Trade Now »     Rate CKSW  -  Discuss CKSW  -  Add to Watch List        

Its easy to see why so many readers are interested in ClickSoftware Technologies : CKSW . The chart is a thing of beauty, breaking out last month over long-term resistance around 4. Perhaps its a bit extended now, and maybe it will pull back to the breakout point. The breakout, though, appears real. I expect that the former resistance level will prove to be support in the future.

Buyout rumors prompted the breakout. The company’s latest proxy asks shareholders to allow mergers to be approved by a simple majority vote rather than the 75% currently required. The amendment

ClickSoftware is a small software company which has been focusing mobile workforce management and service optimization solutions, primarily for organizations that employ large numbers of service staff. Its leading customers include utility companies, particularly those in the US, which purchase software like that of ClickSoftware in order to manage the costs of worker mobility in the face of soaring fuel costs.